Passive income ideas 2022 for Beginners
Do you want to build multiple income streams that allow you to earn money passively? Do you want to retire early? Do you want to get financially free?
Then get started now! The ideas I am going to present to you now require some effort but pretty much guarantee you to make money in the future.
So let’s get started now — I strongly suggest reading this article till the end as I think the last option offers the best revenue.
1. Transcription Services
Yes, transcription services require a lot of effort but pay very high. But I told you that you wouldn’t need much effort to build these income sources right? Why do I tell you to offer transcription services then?
Let me explain.
There are multiple different opportunities on many different websites to provide your transcription services. The best paying ones (highest to lowest) are listed right here:
- GoTranscript
- TranscribeMe
- Happyscribe
- Rev
Okay, so now that you know some services where you could sell your services, how do you minimize your transcription effort?
1. Go to Google Docs.
2. Create a new document.
3. Navigate to Tools.
4. Choose voice typing
5. Select the language
6. Play the audio you want to transcribe
That’s it, easy right? Let me know in the comment section if you know a better solution than Google Docs, which provides a free transcription service.
2. Build an app
I know, I know, everyone tells you to do that, and to build an app you still need a lot of knowledge in development, marketing, and so on, right?
Uhm no, wrong.
You don’t need any knowledge to build an app by yourself. — But how do I build it then?
Just use a simple tool called fluxbuilder.com. Why you should use it instead of any other tool similar to WordPress? Because the app you create with Fluxbuilder can be shipped to Android, iOS, Windows, Mac, Linux, and even the Web!
What’s the best part about it? It’s free!
3. Affiliate Marketing
I think Affiliate Marketing is an idea that is worth mentioning here on this list because I do it a lot myself.
Yes, you need quite a bit of a community to promote your affiliate links and yes you need to put the effort into this and always double-check your affiliate links, but Affiliate Marketing is the best opportunity to make money passively.
Do you want to be told why?
Because it’s the longest-lasting income source. You can publish a link once and it could still generate money for you after ten years.
So how do you do it?
First of all, build an audience. The internet today offers an opportunity everywhere you go, nearly every website you visit, and every app you download has an affiliate program, the only thing you need is an audience.
You can build an audience very easily on the following apps and websites:
- Discord
- Medium.com
- Simily.co
- Youtube (Use Youtube shorts, automate the uploading process here)
How do I get affiliate links?
That’s fairly easy, either use one of the apps: Attapol, Freecash.com, Honey, Honeygain, Buff Gaming
Or just go to Clickbank.com and promote any product you like.
Anyways, that’s it with “Passive income ideas 2022 for Beginners”, thanks for reading my blog today, I hope you liked it!
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Affiliate Disclosure: Some of the links on this page are affiliate links. It means that at no extra cost to you if you make a purchase using one of those links, I will receive a small commission. (Doing this will enable me to create more content for you!)
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