What is Passive Income ? : In this article we are going to discuss about the Passive Income ideas in India. Any type of income which is being earned or generated automatically in addition to your active source of income is called “Passive Income”.
For example you are working in a company and getting salary income every month. The salary income is your active income. In addition to your salary income, it is also possible that you have large following on social media platforms and you have monetized the traffic which is coming to your social media accounts. The income which will come to you due to monetization of your social media accounts, will be called as Passive Income.
What are the passive income ideas in India ?
People who are always looking for some additional source of income, often ask the following questions from the Experts:
- What is the highest paying passive income?
- How can I make passive income online?
The most lucrative passive income ideas are being listed below:
- YouTube Video Content : You Tube video content creation and its monetization is the most popular passive income idea. For making You Tube video content, you do not require any formal training or qualification. You can make video content for YouTube on the subject of your interest and choice based on your hobby or passion. You Tubers across the world are earning huge amount of passive income by monetising their video content. It is simple. You can also make huge amount of passive income from this idea.
- BLOGS: Those who are not comfortable in making You Tube videos , Blogs are providing the same opportunity for earning online income in your extra time based on your already acquired knowledge, qualification, hobby or passion. You can create a Free Blog which is being provided on the Blogger Platform by the Google or you can create your own website by incurring some nominal expenses towards web hosting charges and domain name. Once you set up your Blog Website, then you can monetise the same through some established Advertisement Networks. Google Adsense is the most popular monetisation source for monetisation of your Blog Website.
- MONETISATION OF YOUR SOCIAL MEDIA ACCOUNTS: If you have huge or reasonably big social media following, then also you can monetise your social media accounts. Social Media Platforms like Quora, Facebook, Instagram, and Printerest are providing monetisation opportunities for your social media accounts based on your following and interactions made on the social media accounts. People across the globe are making huge money by adopting this method of passive online income. Some websites like Adsterra are also providing opportunities to monetise the traffic coming on your social media accounts. It is simple and you can make huge passive income from this source without making any additional efforts.
- WRITING STORIES AND OTHER CONTENTS FOR WEBSITES: Those who are not in a position to do anything listed hereinabove, can choose this method of online passive income, if they are good at writing the content. There are thousands of online websites which are looking for good quality written content ( both fictional and non-fictional) and are ready to pay handsomely for your content. One such platform is PocketFM where you can get your stories and Novels published online and you will be paid for your stories and Novels. People across the world are earning huge passive income for life time as Royalty for their Books and Novels.
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