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Easy to Do Passive Income Ideas in 2022

Passive income is a great way to earn money without having to work. Best of all, passive income is, well, completely passive; you can sit back and enjoy your new cash flow without having to lift a finger!

That’s why so many people love passive income ideas: they’re convenient and reliable ways to make money. If you want some ideas on how to start earning extra income in 2022, read on.

1. Rent out your home

Rent a spare room

If you’ve got some spare space in your home, renting out a room is one of the simplest ways to start earning a nice secondary income. You can do this on sites like Airbnb, and you’ll get to meet loads of new people this way too.

Alternatively, you might like to set up a local classified ad to find someone willing to rent the room over a longer period. This is an even better way to earn money with no effort, as you won’t have to tidy the room and wash the bedding every few days!

Renting out your whole home

This is pretty much the same thing as renting out a room—except someone will move into the entire place for an extended period of time. This is a great way to earn when you’re away for work for a period, or even if you’re going on vacation.

Renting out your driveway or garage

Many people have a garage or driveway that they don’t use often but would be willing to rent out for a short period of time. And, many people are looking for a convenient place to park near their workplace!

How much should you charge? It really depends on the area. Monthly parking in Francisco is going to be more expensive than renting a space for a few hours in a smaller town.

How does it work? There are plenty of platforms offering this service – they’ll do all the hard work for you in finding potential customers and handling the payment side of things. If you don’t have a car, or you have more space than you need, there’s really no easier way to earn money by doing very little.

2. Start a blog

Easy to Do Passive Income Ideas in 2022

It might seem like everyone and anyone is blogging these days, but there are plenty of ways you can make sure yours stands out from the crowd and generates a steady stream of income with very little effort.

There are a lot of ways to make money with a blog, but here are the basics:

  • Start a blog about your favorite topic. It can be anything from your love for all things hip hop to how to turn a hobby into a business. You can also keep it simple by starting with one general subject, like beauty or parenting. Blogs can be about anything you’re passionate about – if you enjoy the topic, then working on it won’t be such a drag!
  • Create an email list so that people who visit your site can subscribe and stay updated with new posts as they come out (this will also help build trust). Also consider getting linked on other sites – this is another great way for readers to find out about you if they don’t already know who you are.
  • Create an affiliate program where people who sign up through links in your content mean you also earn a commission back on every sale.
  • Other ways to monetize your blog include selling advertising space or products, or offering services on your site.
  • Find a niche audience and focus on them through content creation and social media marketing. This will help you connect with the people who care about what you’re saying, which gives you the best opportunity for success when it comes time for sales pitches later on.

3. Get cash-back on what you buy anyway

You can get cash back on the things you already buy. It’s as simple as shopping with a credit card that offers an additional percentage off your purchase.

For example, you could sign up for a credit card that gives 1% cashback, or sometimes more, on all purchases, including groceries and even household bills. Those monthly expenses you’ll be spending on anyway could be earning up to $5 automatically each month.

That doesn’t seem like much at first glance—but remember, it’s money earned without doing anything besides using the same credit card company as before! And this is just one way to make passive income through cash back rewards programs; there are also dedicated cashback schemes that offer a higher percentage of cashback when shopping with certain retailers.

Wrapping up

If you want to earn passive income, it is important to be prepared. You will need to invest time and energy into your business idea in the beginning if you want it to take care of itself in the long run. You should be prepared to take risks and work hard at building your business.

Patience is also required as it can take some time for any money-making venture to become successful. A solid plan that takes into account all of these factors is essential if you wish to earn a consistent stream of passive income in the future.

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