Hello There!!

If you are interested in having some extra pocket money, (Yeah you don't have to go out) and to find out which all income ideas are going to work for you please go on reading.

First of all, let's find out what passive income is. Passive income is income earned from any venture that requires almost no effort from the individual. The ventures with some initial effort is considered as progressive passive income.

There are number of ideas out there and the skill is to find the right one for you. There is blogging and someone who is not at all interested in writing can't go for it. Similarly there is e learning courses and if you are a type of person who finds it difficult for you to explain things to a student then that is not exactly your platform to work on.

So, Which is the most suitable passive or progressive passive income for you? Only you can answer that question. But here are some guidance for you to arrive at the answer.

Listing out a few of the passive income ideas depending upon your area of expertise.

Are you good at literature??

1.Blogging 

2.Publish an E book

3.Instagram accounts dedicated for quotes,memes, short article write ups etc. 

Are you good at Finance/Business?

1.Stock Investment

2.Mutual Funds

3.Affiliate Marketing

4.Peer to Peer lending

5.Financial/Tax consultation

Do you own any property which can be rented?

1.Rent your vehicle

2.Rent out your home

3.Tools rental

4.Furniture rental

Are you a musician?

1.License you music

2.Instagram/YouTube Accounts for your music content

3.Streaming/Download revenue

Are you good at Teaching?

1.E learning courses

2.Online tuition

3.Webinars

Do you love working in Software?

1.Building and selling web applications

2.Game development

3.Cyber security services

These all are some basic ideas for which a number of sub categories are already there. The process is to analyse in which skill you can exhibit your maximum potential , which is that area of interest which keeps you motivated to work for more and identify the same and do research on how the same can be enhanced and utilized to invest your time in a passive money making idea. Grab information from people who are already way ahead in your path. Start making a change, learn from the mistakes and be consistent on what you are doing. Do keep in mind that if there is no pain, no gain as well.

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Thanks for your time guys!!