10 Strategies for Earning Passive Income How to make $1,000 a month without doing additional work.

By Jeff Rose Dec 9, 2020

Opinions expressed by Entrepreneur contributors are their own.

In this video, financial advisor Jeff Rose provides ten strategies for earning passive income on a consistent, monthly basis. These strategies are:

Real estate, whether by renting your property or investing in a property to rent on platforms such as Airbnb
Private or online REITS (real estate investment trusts)
Peer-to-peer lending via platforms such as Prosper
Dividends from individual stocks or ETFs
Bonds, though interest rates are low right now and may lock your money up for ten or more years
High-yield (online) savings accounts, though interest rates for these are also very low —but even a rate below one percent is better than nothing
Cryptocurrency savings accounts, which are riskier but currently yielding high interest
Affiliate marketing — sharing products and services that you love and getting paid via links on your web site or YouTube channel
YouTube, by publishing videos that will continue to earn you money long after you've posted
Digital products such as email challenges, PDFs, ebooks, online courses, etc.

Jeff Rose

Certified Financial Planner, Author and Blogger

Jeff Rose is an entrepreneur disguised as a certified financial planner, author and blogger. He's best know for his blog GoodFinancialCents.com and book, Soldier of Finance: Take Charge of Your Money and Invest in Your Future. He's also the editor of LifeInsurancebyJeff.com. He escaped a path of financial destruction from dropping out of college with over $20,000 of credit card debt to become a self-made millionaire. His mission is help future generations achieve financial freedom by developing strong money habits and unleashing their entrepreneurial spirit.

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