11 Passive Income Ideas
Want to make more money, but feel like you don’t have the time or energy to take on more work? Here are some passive income ideas to consider:
Use a Rewards Credit Card
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If you’re good about paying your credit card off each month, use a rewards card for all of your purchases. It’s an easy way to earn a few hundred dollars (or more) each year, simply by buying the things that you’d buy anyway. To maximize your earnings, choose a card with one of the highest cashback percentages.
Get Paid to Shop
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Need to buy something online? Go through a site like MyPoints, Swagbucks or Ebates, and get a percentage of each purchase back, in the form of gift cards or a check.
Rent Your Stuff
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Don’t let your things sit around when you aren’t using them. Rent out your home through Airbnb; rent out your car through RelayRides; rent everything else out through Rentything. Just make sure you understand the risks involved and have adequate insurance to cover your liability.