13 Passive Income Side Hustle Ideas To Make Money Online in 2023

Ideas you can use to create income.

What is Passive Income?

Passive income is income that is generated with little or no ongoing effort on the part of the recipient. Passive income streams typically require an upfront investment of time or money, but once the initial investment has been made, the income is generated with little or no additional effort.

Image-based on a text prompt. Mid-journey bot and the author.

There are many different ways to generate passive income, including:

1. Renting out a property. You can generate passive income by owning a rental property and collecting rental income from tenants.
2. Renting your stuff.
3. Creating an online course or e-book: If you have expertise in a particular area, you can create and sell an online course or e-book to generate passive income.
4. Communities and memberships.
5. Affiliate marketing and referral programs.
6. Digital Products. Photos, digital art, templates.
7. Income from writing. Write on Medium. Once you have 100 followers on the site you can join the partner program and make money based on how many people read your articles or essays and how long the reading time is and a few other…