- Those who are looking for unique and creative retirement opportunities should read this article!
- Therefore,
- It would be great if you could earn some extra money. That’s where you should start. Several of these methods I’ve applied myself after analyzing the passive income industry. Each of them is a working method, so you can be certain they are effective.
- If you’re not familiar with passive income, it’s basically something you earn while you sleep. As a result, this is not an active job from 9 to 5.
- The first step in creating passive income is to invest something, and then it will generate income for you. Writing several articles is the first step towards earning money on Medium, for example. It’s something we’ll discuss later!
- I know how boring it is to hear the same thing over and over again. Only the ones that are unique or work really well were explained. You’ll love it, I’m sure!
- Liquidity Pools
Liquidity pools provide the liquidity needed by DEXs (Decentralized Exchanges) since users can deposit digital assets into a pool and trade pool tokens.
- The pool allows you to pool some of your crypto coins in exchange for a percentage of them over time. You can think of it as a bank deposit. Liquidity pools, however, usually offer much higher rates, and they work with blockchain technology.
- The reason why it can be better is that you’re simultaneously investing in crypto. It is a percentage you are getting in crypto, and it will also give you money if it grows. However, investing in a liquidity pool in crypto is risky due to its volatility.
- Right now, Uniswap is the most important DEX. On the market for the first time, it is based on Ethereum. In addition to these, there are numerous other services, including PanckakeSwap, Compound, and so on.
- Templates for selling
You can always monetize your skills if you’re good at them. In this industry, you can, for example, sell a digital product through partnerships.
- I am a UI/UX designer, and I am excited about the opportunity to make templates people can use. Currently, I’m selling these templates on Gumroad, and you can do the same.
- The products you’ll find on my profile include Figma templates for agencies, a personal blog, and an online store. These products are all priced between $10–$15, which is a great price for such a product.
- You should understand, however, that you can purchase this template a thousand times. It will also speed up the process of accomplishing many other tasks in this sphere.
- Notion templates are also something you can sell. As you may already know, Notion is one of the most useful tools available to everyone. You can use it as your personal database or as your project dashboard. In any case, you can always try creating something yourself and selling it!
- There is no limit to how much money you can earn from it. The total cost of the templates I’ve sold is $200, which isn’t outrageous. A month can bring you up to $100,000 in sales.
- Content Creation
- I would like to tell you about something that is probably not as unique as it could be. The content creation industry is booming right now, and you’d be crazy if you didn’t notice.
- Your thoughts can be shared and monetized on a variety of social media platforms. It’s great to see how people react when you write on Medium about anything you want. My monthly passive income is around $400. I do it myself.
- Alternatively, you can upload videos to YouTube if you don’t enjoy writing. Create unique and cool TikToks. Podcasts are another option. You can monetize any platform you want, no matter what platform you want to grow.
- Rather than starting everything at once, I recommend that you take it one step at a time. Since I started on Medium, I am now interested in expanding onto other platforms as well. This is something you should also do!
- Channel on YouTube with no Face
In reality, it’s a different form of content creation. To start creating, however, you don’t even need to show your face. It is possible to automate the entire process of creating YouTube videos and earn passive income from them using current technologies.
- Choosing a niche is the first step. Your video will need a script. Rytr or Jarvis are tools that you can use if you don’t want to write it yourself. You can use these AI services to write for you. They are the most popular.
- You’ll need to add some voiceover to the video after you’ve written a script. Alternatively, you can use Murf, which is a service you can use yourself. Not a robot, but a real person will read your script. This is a great option if you do not have a good microphone or if you do not want to use your own voice.
- In the end, the video itself will be the final step. If you want to use a free background video, you can go to Pexels. It is also possible to automate using artificial intelligence. Using Pictory.ai, you can create a collage of different videos related to your topic and make it look more professional.
- There are also many cool features you can add, such as subtitles. While automating everything is a good idea, you should still check each step manually. A few sentences may need to be rewritten or the background video may need to be changed.
- The most important thing is to set up a faceless YouTube account and consistently upload videos if you want to earn extra income.
- Beats in low-fi
- The term lo-fi beats is well known to us all. Without words, it’s just chill and calm music. This music is usually listened to for relaxation and concentration. Developers also use it for working with music since it’s so much cooler.
- There is almost no limit to how much potential there is in this project. Automated or AI-based services abound, as we already know.
- From literally nothing, you can create lo-fi beats using some of these services. Avia is a tool that I personally use, and I can download up to three songs for free.
- If you want to try it, you can do so. There are some more complex music genres that can be produced, as well as lo-fi beats. It can later be sold on different music marketplaces or even uploaded to Spotify.
- You can make money from these music files regardless of what you do with them later.
- Lastly,
That’s all I have to say. Here are some of the more interesting and unique passive income streams you should consider. All of them have been dealt with by me, and you should do the same. A few of them are definitely working, and you should pay a little more attention to one.
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