5 Ways To Make $50,000 a Year in Passive Income

5 Ways To Make $50,000 a Year in Passive Income

Here are five potential ways to earn passive income of $50,000 per year.

Invest in real estate

Invest in real estate

You can purchase rental properties and collect regular income from tenants.

Diversify your investments

Diversify your investments

Invest in a diversified portfolio of stocks, bonds, and other assets that generates passive income through dividends and interest.

Create an online course or write an e-book 

Create an online course or write an e-book 

create an online course or write an e-book and sell it on platforms like Udemy or Amazon.

Build a mobile app or website 

Build a mobile app or website 

If you have a knack for programming, you can create a mobile app or website that generates passive income through ads or in-app purchases.

Rent out a room on Airbnb

Rent out a room on Airbnb

If you have an extra room in your home, you can list it on Airbnb and earn passive income by renting it out to travelers.