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12 Passive Income Ideas to Earn Rs. 1 Lakh per Month
Are you a student or job employee and want to make money online then this blog is for you because, in this blog, we will discuss 12 Passive Income Ideas to Earn Rs. 1 Lakh per Month. I am also working on some methods to make money online, so I am telling you about these 12 best passive income ideas. Let’s start this blog.
12 Passive Income Ideas to Earn Rs. 1 Lakh per Month
Before going to know about passive income ideas, we must have to know what is the difference between active and passive income. In active income, when we work then we will get money but in passive income, if we are not working even then we are able to make money online.
Warren Buffett once said -: if you don’t find a way to make money while sleeping then you will work until you die.
Now, we will discuss our 12 best passive income ideas. These all ways are not get-quick-rich schemes, you have to work hard with consistency if you want to earn money online.
1) Youtube
If you can create videos, then YouTube is the best place where you can easily earn 1 lakh/ month. In India, almost 45 crore people are watching videos and it will grow very fast. If you create a video on YouTube then you will able to make money from that video lifetime. There are almost 10+ ways to make money from YouTube. If you want to know about all these methods then you can ask in the comment section. This will be a very good passive income idea for you if you can publish videos on YouTube.
2) Blogging
Blogging is also one of the best passive income ideas to make money online. There are a lot of my friends are able to earn passive income from blogging. If you can not create videos, then this is the best way to make money online because here you have to write an article. If you want to know more then read -: How to make money with blogging. If you are confused about choosing a perfect niche to start blogging then read -: 100 niche ideas to start blogging.
3) Affiliate marketing
Affiliate marketing is the best way to build passive income by promoting other companies’ products through your content on social media. If you started your YouTube channel or blog then it’s the best way to make money online from day one. If you want to make money from affiliate marketing then go and read -: How to make money from affiliate marketing. If you want to start affiliate marketing with my personal guidance then message us on Instagram.
4) E-commerce
This is active income for someone but at that time it is also the best way of passive income for someone. We can say drop shipping is the best way in e-commerce to make money online. In Dropshipping, you will not have to create your own products. If you want to know about how to make money from drop shipping then go and read -: How to make money from drop shipping in 2023. It is now an industry of 3 lakh crore. And it will be 9 lakh crore in the upcoming three years. It is not wrong it is 100% true. But, if you want to build passive income then
5) Online tutor
If you have any skills then you can easily create a very good amount of income by recording that knowledge in videos. You have to shoot videos for one time but you will able to earn money from those videos for a long time. If you want to make money online from this method then you must have to learn about public speaking and video editing and you can easily learn it from YouTube. You can host your courses on different platforms. If you
6) Sell stock images
If you love to shoot photos and videos then this wonderful passive income idea is for you. In this method you have to click some amazing photos and videos and after shooting upload them on some website from where you will commission for each download. You have to work continuously in this industry. Sandeep Maheshwari sir is one of the biggest examples who is making a lot of money by selling images online.
7) Sell Insurance
As you all know due to covid, everyone understands the importance of health insurance. There are a lot of people who are able to earn 3 cr per year. For example, if you find 5 people for 20 lakh insurance you will get your commission till your client renews that insurance.
8) Real estate
This method is for those who have funds for investing. You can invest in property and after that, you can give them rent from where you can easily make a lot of money. There are a lot of points that you should have to know before investing in real estate so please, first of all, take a very in-depth knowledge, and then after that you can invest in real estate which will help you to buy your assets and that assets will help you to build a passive income source.
9) Car rent
If you don’t have a lot of investment to invest in real estate then you can go with car rental services. There are a lot of platforms that provide taxi services but they do have not their own cars, If you have a car then you give it for rent, and for that, you can earn a very good amount of money. But must do your homework before going in any way where you have to invest money. I always recommend you take advice from those who are already doing this type of work. You can work with Ola or there are a lot of car rental portals. In India, this industry is booming very fast.
10) Books/e-books
If you have knowledge about any industry or about any skills then you can convert your knowledge or expertise into a book or e-book which is also a very good passive income idea. But, if you want to make money from this industry then you have to master any skill or industry because if you don’t have expertise in that field then no one will purchase your book or e-book.
11) Mutual fund and stock market
This is going to be a very good passive income idea if you have knowledge about mutual funds. If you want to build passive income from mutual funds then i recommend you follow some steps -:
- Learn
- Invest time in analysis
- Invest a small amount.
- Don’t invest a lot of income at the start.
12) Airbnb
If you have an empty house or room then you can book your room on Airbnb which helps you to earn money by renting your house or room.
I hope after reading this complete article you are able to understand about 12 Passive Income Ideas to Earn Rs. 1 Lakh per Month. I am also sure that if you are serious then you will get some best passive income ideas.
If you have still any questions or doubts related to passive income ideas then you can ask your doubts in the comment section. If you want to know more about any passive income ideas then message us on Instagram or ask in the comment section.
If you think this post is helpful for you then don’t forget to rate this blog or must share this one with your friends and family.
Thanks for reading this wonderful article.
5 Comments
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