If you’re looking for the best passive income ideas without investing a lot of time and effort, you’ve come to the right place. 

In India, passive income sources are increasing and are considered important. Rising inflation is the primary reason for making it nearly impossible to survive on a single salary or income source. Making a little extra money won’t hurt either, even if your salary or business income prevents you from the effects of inflation. In this blog, I’ll go over 10 of the best passive income sources via research.

What Are Some Passive Income Ideas?

First, let’s understand what a passive income is. Have you ever heard the phrase “Make Money While You Sleep?” 

A Passive Income is defined as working hard for something for a specified period and having it pay you month after month for years to come, even if you stop working. Active income that requires little effort to earn and maintain is referred to as passive income. Investing in mutual funds, selling products online, teaching online courses on sites like BitClass, and other methods.

Best Ways To Earn Passive Income Ideas

Essentially, it is money earned from assets under your control. While some passive income ideas may require some initial effort, the beauty of passive income is that the time investment is minimal. 

passive income ideas -bitclass

Life is meant to be lived with freedom, and that freedom can never be achieved through a JOB (Just over Broke Life). Keep doing your job but at the same time invest your time and money to create a passive income starting today.

How much money can I earn from passive income?

With a passive income, you may earn as much or as little money as you choose. It depends on how many hours, how much initial effort, and how much money you can put into it. It also relies on the kind of passive income you choose, such as stock market investment, real estate investment, etc.

Top 10 Passive Income Ideas In India - 2022

1. Sell Digital Products

Digital products are assets or pieces of media that can’t be touched. Because of their high-profit margins, digital products make for the best passive income ideas. You only have to create the asset once, and you can sell it on the internet multiple times. It can be sold repeatedly without holding any inventory or stock. Some of the popular digital assets you can sell online are-

  • E-books

  • Online Courses

  • NFT Digital Art

  • Licenses for Digital Assets

  • Digital Templates & Tools

  • Selling Services

2. Teach online courses

Educators can now sell courses online more easily than ever before. Whether it’s marketing or illustration, you can create and sell courses, hence it‘s one of the best online passive income ideas in 2022. Online teaching generally requires an initial time investment. You’ll need to plan your course, record it, and create downloadable assets such as templates for students to take with them. It is a great way to earn money as well as learn a new skill especially if you are a part of BitClass.

BitClass collaborates with some of the best teachers in the industry and has helped 1000s of people kick-start their careers from scratch. On this platform, you can Teach Online Classes on subjects like-

  1. Art & Craft

  2. Baking

  3. Spirituality

  4. Personal Development

  5. Music

  6. Dance

  7. Learning New Languages

And so much more. 

3. Stake Cryptocurrencies

Investing in multiple cryptocurrencies can be a great way to earn anywhere from 5% to 10%. Consider it similar to earning interest on your savings, but with higher returns. Remember that, like any investment, staking crypto carries its own set of risks.

What is the best way to get started? First and foremost, educate yourself. The more you learn about the world of cryptocurrency, the better your investment decisions will be. If you want to begin your journey with learning crypto, here’s a link to a FREE Live Class for you- NFT and Metaverse Investor

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4. Sell Handmade Goods

With over 4.6 billion people connected to the internet, there is a massive opportunity to build and scale an online business. There are numerous online marketplaces where you can sell your products. The initial investment is divided into two parts. To make and sell DIY items like pottery or clothing, you’ll need to invest in materials and time. 

Become An Affiliate Marketer

Affiliate marketing involves recommending a product or service to a target market. It’s a great way to earn a passive income because you get paid every time someone clicks on your referral link and makes a purchase.

It is a developing industry. According to Statista, the affiliate marketing industry will be worth $8.2 billion by 2022.

Sell Stock Photos Online

If you enjoy taking photographs, selling them online could be a great way to supplement your income. All the photos that you have can be uploaded and sold on websites that offer free and paid photos to users all over the world. Be sure to check out Digital NFT Art and its benefits for earning money online. 

Transcription Job

Transcription is another job that allows you to work from home even if you don’t have a lot of experience in the field. Transcription is the process of converting an audio file to written text. Payment is typically made on a per-hour basis. The remuneration or charges can be agreed upon by you and the client.


influencer - passive income ideas - BitClass


Become A Blogger

As an online passive income idea, the blogging business model is only growing in popularity. If you create high-quality content and promote it across your platforms, you will build up a massive audience to monetise. Some of the popular portals where you can begin blogging are- 

  • Medium

  • Tumblr

  • Blogspot

  • WordPress

  • Fiver

  • Upwork

Become An Influencer

If you have a large social media following on sites like Instagram. You can persuade emerging consumer companies to pay you to post about their products or feature them in other ways in your feed. However, you’ll need to keep growing your profile by creating content that attracts the audience. An influencer profile is an amazing example of online passive income ideas.  

Investment In Domain Name

Domaining, or investing in domains, is similar to stock trading. You buy low-cost domain names intending to resell them for a profit. Generally, you should target popular phrases or specific proper nouns, and keep in mind that.com domains are more expensive than almost all others. It can easily be a viable long-term passive income source.

Conclusion

Whether you’re interested in earning online passive income ideas through trading or selling handmade products, BitClass Live has a variety NtNof courses to help you with the right knowledge and methods. Anyone can start making money online and have a continuous and growing passive income.

Enrol now on BitClass and start generating passive income today!