[Resources] Best Passive Income Ideas in India This Year

Hey Guys, Do you Heard about Passive Income?

This term gets a lot of tractions nowadays.



passive income ideas


Thus, I came with the Resource Page which gives you all the information about Passive Income Ideas in India.

Table of Content

  1. What is Passive Income?
  2. Difference between Passive Income & Active Income
  3. 14 Best Passive Income Ideas in 2019 
  4. How to Generate Passive Income?
  5. Last Words


Here's the Deal: 


#1. What Does Passive Income Means?


According to Investopedia:

"Passive income is earnings derived from a rental property, limited partnership or other enterprises in which a person is not actively involved. As with active income, passive income is usually taxable. However, it is often treated differently by the Internal Revenue Service (IRS). Portfolio income is considered passive income by some analysts, so dividends and interest would, therefore, be considered passive."


In simple Words, Passive Income means you're earning money with little or even completely without daily efforts.

You Invest your money in a way that, they start working for you and generate an Income source for you.


#2. Passive Income vs. Active Income.

 
Active Income Passive Income
You need to work Physically for Money The money you earn without working for
You get Paid after you put your Efforts Money keeps Growing Automatically
Your Earning STOP when you stop working Your Earning is don't stop even when you Sleep
Example: Example:
1. Working at a restaurant 1. Earn Dividend from Stocks
2. Mowing lawns after work 2. High-Interest Savings Accounts


Know more Keypoints about Passive Income and Active Income:
 

#3. 14 Best Passive Income Ideas in 2019


As we saw the difference between active income and passive income, now let see some examples of Passive income

  • Build an App
  • Start a YouTube Channel
  • Make Low-Risk Investment
  • Start a Podcast
  • Sell products from your blog
  • Rent you Real Estate
  • Sell Stock Images
  • Build a Website
  • Sell your Designs and Artwork
  • Create Online Source
  • Sell an Audiobook
  • Write How-to guides
  • Sell E-books
  • Affiliate Marketing


Here are some Great Resources about Passive Income Ideas:


#4. How to Generate Passive Income?


Do you want to make money while you sleep?

Who Doesn't?


I know this sounds like a Crazy! This is an Income Stream having Infinite Potential.


If you want to Generate Passive Income in 2019,


I listed some great Resources out there, 
Check them out:




#5. Conclusion:


I hope you like these resources and get all the Information you need to get a Basic Idea About what is Passive Income and How to generate it?

Now, Question for you:


Have you already created or choose your Passive Income Idea?


If yes, comment down below with YES and If no then comment down with NO.


Either way,


Have a nice day!

Post a Comment

0 Comments