5+ Clever Passive Income Ideas That Will Change Your Life

We may earn money or products from the companies mentioned in this post.

Life can be so overwhelming right? We run multiple companies, websites and online businesses and sometimes it feels like there is not enough hours in the day! However, what if you could make money while you sleep?

Would waking up to an extra $100, $1000, or even $10,000 deposited into your bank account make things easier for you?

Disclosure: There are some affiliate links in this article, but these are all products I highly recommend. I won’t put anything on this page that I haven’t verified and/or personally used.

5 Easy Ways To Make an Extra $100 in Less Than A Week

This happens on a regular basis for us – thanks to the multiple passive income streams that we have set up. Last month we made $10,533 passively from a couple of websites we own and another $1,850 in passive income from our rental property. This is in addition to our other business income ($9,000+) that unfortunately is not yet passive.

One easy way to make some fast money is by completing paid surveys.

Survey Junkie is a site that we personally use to make money taking short surveys. I promise you that it is not a scam!

They pay out $3 for every survey (they are short surveys!) that you complete.

They only send surveys that you qualify for so you never waste your time. I really love Survey Junkie and I am sure you will too when you start taking the surveys!

You can make $10+ per hour and get paid very quickly. While this is not passive, it is a good way to make some extra cash very quickly! It is also completely FREE to try.


Try Out Survey Junkie!

We also love VIP Voice surveys because they pay extremely well for your opinions. If you need to make some quick cash, try out both Survey Junkie and VIP Voice surveys (they are both free and easy to sign-up for!). Be sure to confirm your email when you sign-up so that they can notify you of available paid surveys.

We hope these paid survey sites help you!

Why You Need Passive Income Sources

Passive income is essential if you want to get ahead financially. Why? Because we only have so many hours in the day – this sets a limit on your earning potential if you only engage in active income streams (e.g a job).

Most millionaires that are self-made, have at least 7 streams of income – usually passive sources, of course nobody can have 7 full-time jobs!The Best 5 passive income ideas (genius!) for busy people to help make some extra money! I love these money making ideas and I am SURE that you will as well!

Before I show you some of the top passive income ideas, let me just clarify what I mean by passive income.

I think that calling it ‘passive’ can sometimes be a bit misleading. I prefer ‘recurring income’ as this is a more accurate term for it.

This is because work is still required to set up the passive income streams – the difference is that you do all the work upfront and then sit back and rake in the money!

I believe that the education system has failed most people – there is little to no mention of setting up recurring sources of income in school – 100% of the focus is on 9-5 jobs.

It is a sad state of affairs that has led to Americans living paycheck to paycheck and losing their freedom by being trapped in jobs that they hate.

Passive income can FREE you from the tyranny of the 9-5 job that society has conditioned you to accept.


Passive Income Ideas

This entire blog is dedicated to passive income and how to set up various systems to become financially free. However, it is a journey which starts with a very simple concept – pay yourself first.

This means that before you start to set up these passive income streams it will really help to accumulate some extra cash to invest. Some of these ideas are free to start but some do require investments of your time and money.

So if you are living pay check to paycheck you will need to put in some hustling time to make a little extra money (check out these side hustles).

One easy way to make some fast money is by completing paid surveys – our favorite is called called Survey Junkie because you can make $10 per hour and get paid very quickly.

Try Out Survey Junkie!

There really is no escape from hard work! You either pay now or you will pay later, but you WILL pay! The secret that I have found to obtaining financial freedom is quite simple:

  1. Work hard to earn extra money
  2. Invest this money in passive income generating assets
  3. Repeat until rich.

But don’t worry, I have included many money generating and saving ideas below that you can start today to help with the extra money generation part.

Ready for my passive income ideas? These are all income sources that we currently have. Lets get started!


1.  Start a Blog and Monetize it. This is a life changer. It really it is!

Imagine you could build a website that sells a product for $5000 where you do nothing else but post links to it on the site then sit back and customers from around the world click and buy this product.

You make $1000 per sale and the entire world is your customer base. You make $2000 – $20,000 per month from this ONE website alone and it is easy to replicate?

This describes our websites exactly! The first step is to start a website and set it up (here is my step-by-step tutorial) properly. If you are serious about financial freedom please do not put this off!

I promise you it will change your life forever. You can monetize your site by applying for ads where you get paid per click or impression. You can sell your own product or other peoples products (affiliate marketing).

It is the perfect business as the start up costs are nearly zero and you can do it as a side hustle until it is generating enough income to move full-time.

Massive amounts of work are required upfront to build and grow your website but once it is built it becomes a nearly perfect passive income source for you. If you are wondering how much money you can earn from one site, check out my review of Michelle Schroeder-Gardnershe makes over $100k per month from her blog. Her blogging course is one of the best that I have ever seen.

Tutorial: How To Start A Blog

2.  Buy an investment property. It is not as difficult or as expensive as it sounds. Here is exactly what we did to buy our first rental property. In 2015 we bought a 4 bedroom town house (town houses are cheaper than single family homes, but rent for similar amounts, giving you higher profit margins).

Mortgage rates are so low at the moment that it is the perfect time to buy a property. If you are buying a rental you are required to put a minimum of 20% down payment – this is to protect the mortgage company.

However, what we did is just put 5% down – this is allowed if you live in the house as your primary residence. We rented out the 3 other rooms for close to $1000 each (yes we had to live with some ‘characters’ but hey it is all about sacrifice!).

Our Mortgage was only $1400 per month so we were living for free and making a couple of thousand extra by doing this! This really helped boost our savings and allowed us to invest in some passive income generating websites.

By living in the property for a year, we met the loan obligations while turning a liability into a cash generating asset. Pretty cool right? We still rent the house out but we don’t live there anymore.

Profit margins are lower because we pay a property management company to manage the property, but it is still very profitable and entirely passive. Here is my favorite book that I highly recommend if you are interested in real estate investing.

3.  Get Paid to do NOTHING with Ebates – the last two passive income ideas above require a lot of effort upfront but they do have huge potential for massive earnings. Here is one that takes no more effort than signing-up for a company called Ebates. Click the big green button below to sign-up!

Ebates Coupons and Cash Back

Shop through Ebates links at your favorite online stores. Earn cash back on your purchases. Get your Big Fat Check or Paypal payment after you earn $10 cashback.

With Ebates, you are not doing any work or even anything differently but you make a few percent money back on your normal purchases – we recently bought a new laptop and got $55 just for buying it through Ebates!

Simple! Plus if you sign-up, you will also get a $10 bonus just for signing up – so you are already making money!

While you will not make as much as the previous two passive income ideas, you will save hundreds or thousands of dollars a year just by changing your habits a tiny bit!

4.  Learn to Invest in Stocks – This one does require a bit of a learning curve but it can be VERY lucrative and a relatively passive way of generating income. The style of investing you want to look into is called Swing Trading where you buy a stock and hold it for a few days to a week or two.

I actively trade stocks and make decent money doing it – but I have spent many years perfecting my strategy and learning. I recommend that you  check out this site for how to get started actively trading stocks.

There is a ton of free tutorial DVDs and great information to get started on that site (I should know, I own it :)). I love stock trading but it is more of a high risk, high reward income generator.

5.  MyPointsMyPoints is another shopping rewards site like Ebates. MyPoints also rewards people for just searching the internet as you do on a daily basis already – how is that for passive? Simply install the MyPoints search bar. Every time you search for something online you will earn points for it!

6 Ways To Make Money Testing Websites!

You can see that the really easy passive income ideas (Ebates and Mypoints) that require almost no work, also are the lowest potential earners. Don’t underestimate how much you can accumulate over time though by using these sites. Studies have shown that people tend to over estimate what they can do in a short time period and underestimate what they can accomplish over the long-term.

SwagBucks – Earn Money Just By Doing Online Searches

SwagBucks is something that I use to earn Amazon gift cards with very little work. You use SwagBucks just like Google for online searches.

10+ Ways To Make Money With Swagbucks

However, with SwagBucks you get reward points (called SB) for the things you do through their website. Then, when you have enough SB’s, you can redeem them for cash, gift cards, and more. You’ll receive an SB (Worth $3) sign-up bonus just for signing up today!

I hope some of these ideas are helpful and please feel free to check out some of my other money making articles like these:

The 7 Smartest Ways to Make An Extra $75+ A Day!
10 Side Hustles To Massively Increase Your Income

Make Money Online

Survey Junkie Review – Get Paid to Complete Surveys Online

100+ Ways to Make Extra Money

How To Make Money With Swagbucks

Good luck!

We are here to help if you have any questions – please just comment below and we will get back to you.

Russell and Maleah



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Russell & Maleah

Russell and Maleah are the founders of Unconventional Prosperity, a blog about personal finance. We blog about making money online! We regularly make $10,000+ per month online and we are dedicated to helping you to do the same! Check out some of our latest posts!