5 Best Passive Income Ideas for 2022:
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Earning passive income is one of the best ways to reach your financial goals as quickly as possible. Passive income can supercharge your earning potential and give you a financial buffer when changing jobs or dealing with life’s unexpected events.
In this guide, we’ll show you the
5 best ways to earn passive income in 2022
including how to earn passive crypto income.
Best Ways to Earn Passive Income in 2022
Whether you’re looking to earn passive crypto income or start your own income-generating business, these are the 5 best ways to earn passive income in 2022:
Earn Interest with Crypto through AQRU
Rent Out Your Property
Buy Dividend Stocks
Launch a Dropshipping Business
Sell Stock Photos Online
A Closer Look at the Best Passive Income Ideas
Want to know more about your options for earning passive income? Let’s take a closer look at the 5 best passive income ideas.
- Earn Interest with Crypto through AQRU
5 Best Passive Income Ideas for 2022
5 Best Passive Income Ideas for 2022
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Earning passive income is one of the best ways to reach your financial goals as quickly as possible. Passive income can supercharge your earning potential and give you a financial buffer when changing jobs or dealing with life’s unexpected events.
In this guide, we’ll show you the 5 best ways to earn passive income in 2022, including how to earn passive crypto income.
Best Ways to Earn Passive Income in 2022
Whether you’re looking to earn passive crypto income or start your own income-generating business, these are the 5 best ways to earn passive income in 2022:
Earn Interest with Crypto through AQRU
Rent Out Your Property
Buy Dividend Stocks
Launch a Dropshipping Business
Sell Stock Photos Online
A Closer Look at the Best Passive Income Ideas
Want to know more about your options for earning passive income? Let’s take a closer look at the 5 best passive income ideas. - Earn Interest with Crypto through AQRU
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AQRU is a crypto staking platform that enables you to earn interest on your digital currencies. The platform offers interest rates up to 12% APY on coins like USD Coin, Tether, and DAI.
With AQRU, you can deposit funds with a credit card, debit card, or bank transfer - you don’t even need to worry about figuring out how to buy cryptocurrency if you’re new to the crypto market. If you do own crypto, AQRU currently accepts Bitcoin, Ethereum, Tether, USD Coin, and DAI.
What’s great about AQRU is that you can start earning passive income right away. The platform pays out interest on your cryptocurrency on a daily basis, so you start earning compound interest within 24 hours of joining. You can keep all of your funds in one cryptocurrency to keep things simple, or diversify into any of the 5 coins that AQRU supports to take advantage of price appreciation in the crypto market.
AQRU doesn’t have lock-in periods, so you’re free to change up your portfolio or withdraw your holdings at any time you want. If you want to withdraw some or all of your money to a bank account, AQRU can pay out in fiat currency in as little as 24 hours with no fees.
You can get started with AQRU with as little as $100. Right now, new AQRU users receive 10 USDT as a bonus for trying out the platform.
Visit AQRU
Cryptocurrency markets are highly volatile and your investments are at risk.
- Rent Out Your Property
If you own a home or apartment, one of the best ways to earn passive income is by renting out a spare room. Having a renter can help you pay off some or all of your mortgage as well as cover repairs to your home. Rents tend to go up in most markets, so this is also a form of passive income that can grow over time as the value of housing in your area increases.
Even if you’re not keen on having someone live in your home full-time, you can still take advantage of your unused space. There are several online marketplaces that help you rent out extra space in your garage for storage, for example. In addition, you can use services like AirBnB or VRBO to rent out your home whenever you’ll be away.
If you do rent out your home in any capacity, make sure that you’re covered for damages and liability under your homeowners insurance policy. - Buy Dividend Stocks
You might not think of stock investments as a way to earn passive income, but they can be. Dividend stocks typically pay 1-10% of your investment value in cash each year, and you can use that cash for whatever you want. Some of the top dividend-paying stocks include blue chip companies and real estate investment trusts (REITs). You can also find ETFs that focus specifically on dividend stocks if you don’t want to pick individual companies to invest in.
When investing in dividend stocks, there are a few important things to consider. First, if you’re relying on dividends for steady cash, make sure that your dividend payouts are staggered throughout the year. Most companies pay out dividends on a quarterly basis, so you can look for companies that pay in different months.
Another thing to think about is how stable a company’s dividend is. The best dividend stocks are those that have consistently paid out for decades and that consistently raise their dividends to keep up with inflation. - Launch a Dropshipping Business
Launching a dropshipping business can be a lucrative way to earn passive income, especially if you can get your business in front of a wide audience.
The way dropshipping works is that a customer orders a product online from your business. That order is sent directly to a manufacturer or dropshipping company, which then ships it straight to the customer in unbranded packaging. You never have to handle the product yourself or deal with shipping. You charge the customer a little bit more than the dropshipping service charges you for the product and shipping, and pocket the difference.
Keep in mind that dropshipping does require a major time investment upfront. You have to set up an online store, figure out what products you want to sell, and find a dropshipping service to work with.
Most successful dropshipping stores also have extensive marketing campaigns, so you may have to invest money to help get your site off the ground. On the plus side, you typically don’t have to pay your dropshipping company anything until your customer pays you for a product. So, there’s little risk of ending up on the hook for a whole inventory of products. - Sell Stock Photos Online
If you have some skills with a camera, you can earn passive income by selling your photography online. There are 2 main ways to go about selling photos online: you can either sell stock photos on a variety of marketplaces, or you can sell custom photography on your own website.
Running your own photography website isn’t exactly passive, as you’ll be responsible for fulfilling print orders. However, selling stock photography doesn’t take a lot of active work and you can bring in recurring income from your top-selling images.
Stock photographs are used by a wide range of companies, media outlets, and creatives. It’s up to you to decide how much you want to charge for each use of your photos. There are many stock photography marketplaces you can join, including Pexels, Unsplash, and Shutterstock.
Keep in mind that these stock photography sites are packed with images already. To stand out, your photography needs to be high-quality and ideally focused on a niche that isn’t already covered by other stock photographers. That said, there’s no upfront investment needed since you can start taking photos with your smartphone.
Conclusion
Earning passive income can help you reach your financial goals faster and provide a buffer against changes in your primary income stream. If you’re interested in starting to earn passive crypto income, check out AQRU. You can earn interest up to 12% APY and you only need $100 to get started today.
Visit AQRU
Cryptocurrency markets are highly volatile and your investments are at risk.
Disclaimer:
The above content is non-editorial, and BCCL hereby disclaims any and all warranties, expressed or implied, relating to it, and does not guarantee, vouch for or necessarily endorse any of the content.