Are you a woman looking to make some passive income, but you don’t know the best options that there are out there available for you?!
There are many options, many of which don’t require you to leave your home at all to do it.
So keep reading and discover them.
Best Passive Income Ideas for Women
Thanks to print-on-demand platforms, you can start your own store and not even carry inventory.
Whether you want to sell coffee mugs, t-shirts, journals, or stickers, sites like Printify and Printful make it possible.
You create your design and upload it to any product you want to sell in your shop, and voila, you start earning money.
There are options to sync your print-on-demand products to sites such as Etsy, Shopify, Printify, or your own website store.
You can earn hundreds to thousands of dollars a month, so it’s one of the best passive income streams to start.
2. Membership Site
Creating a membership site takes hard work and a lot of time, but only in the beginning.
Many people create membership courses and programs, earning recurring and consistent monthly money.
Many platforms can help you create a membership site.
This is an online world. You shop online, you make friends online, and reading/learning online is also standard these days.
If you have some skill which you can teach others and make them learn the skill to earn money, It will be beneficial to both of you.
I strongly recommend that you build your Membership Site with videos.
And you can use a platform like Thinkific or Kartra to host your content and charge money.
3. Rent Out Your House
There are a variety of ways to make money with your property.
You can rent out extra space in your home or additional property you own on various platforms, including Airbnb and HomeAway.
Airbnb offers resources to you to hire a third party for daily cleaning, so the only work you put into it is the presentation of listings and any communication with renters.
Or you can purchase (or rent) property for the sole purpose of renting it out.
Renting apartments solely for turning around and listing them on Airbnb is becoming a widespread practice.
However, that monthly income isn’t entirely passive unless you can hire third parties to take care of any maintenance that is needed
4. Crowdfunded Real State
With crowdfunded real state, you can choose specific properties to invest in, but you don’t need to go anywhere, it’s everything done on your phone or laptop.
If that sounds interesting, the next level up is contributing to a crowdfunded real estate company.
Through programs like Fundrise and RealtyMogul, you can buy a stake in specific real estate projects from the comfort of your couch and earn a share of their income.
Most platforms require a minimum investment of at least $100 and more. However, you can make $1,000 in just a month with these great ideas!
5. Money-Making Blog
A great source of passive income is building a website.
The upfront work of this method includes finding a niche to write about, creating an attractive website, researching keywords that will drive traffic to you, and joining affiliate programs.
Once it’s set up, you’ll earn ongoing income from any affiliate sales your content generates.
You might want to make occasional updates to keep the site active and update keywords.
When it comes to websites like these, think small and specialized.
Review websites for a specific type of product can be successful and easy to monetize.
6. Ecommerce Store
Open an eCommerce store for passive income include using an eCommerce platform like Shopify, hosting the store directly on your site using a plugin like WooCommerce, sell on Amazon, etc.
You can create an eCommerce store with literally anything you can think of.
Or use our Etsy model and create your designs on PicMonkey, Canva, or Adobe Photoshop, upload them to products on Printful or Printify and link it all up to your Etsy!
Unless you outsource any ongoing management of your store, you will need to keep up with customer interaction and complaints.
Besides that, the maintenance is pretty minimal.
7. Dividend Investing
The income you will get from dividend stocks will be passive.
Even Warren Buffet says that he loves dividend stocks because dividend stocks pay you regularly in cash to your bank account.
But you need to be careful with the stocks you choose.
You may take advantage of compounding with the dividend stocks.
What are dividends: Dividends are regular payments paid to the shareholders by the company from its earnings.
Before jumping into this world of dividend stocks, educate yourself. It is believed to be risk-averse, but it is not.
Like all other investments, dividend stocks also have some risk associated with them.
8. Rent Out Your Car
Did you know you can earn money completely passively using your car?
That means no rideshare or delivery driving.
You can rent out your car for others to use through apps like Getaround and Turo.
Instead of them renting from companies such as Hertz and Enterprise, they rent directly from you through the app.
Or rent your car out to rideshare drivers that drive for Uber or Lyft using HyreCar.
You could potentially earn thousands yearly by renting out your parked car. Pretty cool right?
When you aren’t using your car, it is earning money for you!
9. Sell Stock Photos
If photography is your thing, you could make some serious cash by selling those photos as stock photos online.
Ways to sell stock photos online:
- Sell on your own website
- Sell on a stock marketplace like Adobe Stock
Become a contributor on sites like Shutterstock and earn 20% to 30% of the purchase every time your content is downloaded by one of their customers
Create stock photo packs to sell on Etsy, sell photos from your travels on sites like TourPhotos, or you can also sell nature photography
Once you have your photos loaded and ready to sell. This passive income idea can be a fun one.
Especially if you are a digital nomad, this could be a great gig for you to fund your adventures.
10. Put Ads On Your Car
You may be able to make money just by driving around town or to and from work.
Programs like Nickelytics allow you to place an advertisement on your car to make money.
Getting your car wrapped is a good way to make passive income because it doesn’t require much thought or upkeep once it’s done.
However, it’s important to work with a reputable company because there are a lot of scams associated with car advertising.
11. Amazon Kindle
Another great way to make passive income as a woman today is writing books and publishing them on Amazon Kindle.
The only work required is writing the eBook, along with making some effort to send people to your book on the platform, people to review it for you and/or promote it, etc.
But once you have it set up on an efficient system, your involvement is little to none.
12. YouTube Channel
The way most YouTubers make money is through the ads that are displayed on their YouTube videos and affiliate links placed in the description of the videos.
Some also make money with shops linked to their brand and channel, products and courses they create, a website where they also post articles with their videos included, etc.
There are so many possible avenues you could take with your YouTube channel.
I can’t think of one niche that doesn’t do well on YouTube.
Probably because most people are visual learners and they rather watch something than read it.
If this route is something you’d like to explore, I suggest making videos that don’t have too much competition and be consistent.
13. Use CashBack Apps and Credit Cards
Who doesn’t want to earn money just from doing their normal spending?
Many credit cards offer sign-up bonuses and a certain percentage of cashback for various purchase categories.
This is a great passive way to earn extra money or save up credit card points for travel.
A reminder when using credit cards rewards as one of your passive income ideas
The one caution of this passive income method is that you must be careful and disciplined with your spending.
Treat it like a debit card, and don’t spend more than you have in your bank account.
This way, you’ll be able to pay your balance in full each month and avoid getting into high-interest credit card debt.
Wrapping It Up
There are many opportunities for women today to generate money from the comfort of their homes, even when they are sleeping.
You only need to be conscious that you must put in the effort initially.
But after that, if done right, passive income will just flow like clockwork every month.
If you are interested in knowing the best online business model for you, don’t forget to click this button below.