7 Ways to Make much money even if You’re Sleeping – Time is running so fast, and the ability to do many activities at one time is minimal. Therefore you can not depend on life just from salary and work from 9 am to 6 pm.
One of the best ways to increase income and not have to work to earn it actively is to build a passive source of income. This passive income source becomes a money machine and will continue to earn even while sleeping.
Here are seven ways to develop a source of passive income.
1. Selling Online
Opening your online store and selling products to many people is no longer tricky because now, many marketplaces provide opportunities for you to build a business online. To make your online store passive income, you can ask for the help of relatives or friends to process your store. If you do not have people you can trust to process your business, you can set a schedule for the delivery of goods according to your free time.
So, you don’t have to check orders and make deliveries every day constantly. In the store’s description column, note that your store does not deliver goods every day, so consumers will not be complete if the goods they order have not arrived in a few days. Although not purely passive income, at least you might receive many orders while you’re asleep.
2. Create Content Online
It is possible to make money by blogging or producing videos on Youtube. Even more so if you have something important and helpful or entertaining to share with others. Although this one way is not purely passive income, the income will continue to flow as long as visitors come and see the content you create.
For visitors to keep coming, you must commit to presenting content. Make a schedule to upload your content so that visitors will immediately know when you upload new content. You can also install affiliate links or Adsense (paid ads) for more profit.
3. Renting Out Property
If you have an unused room or an unoccupied house, please try to rent out the property to someone else. Renting out a property to someone else allows you to make much money without working actively. In addition, renting out unused home rooms becomes more valuable than leaving the space empty and filled with dust.
4. Invest in Peer to Peer Lending
Investing in peer-to-peer lending allows you to give loans to others. Next, you will get passive income in interest paid by the borrower periodically. LonWorks is one peer-to-peer lending investment platform that allows you to invest with funds starting from Rp 100,000 only.
In addition, by becoming a funder in KoinP2P, you have helped the development of MSMEs in Indonesia, you know! What if the borrower can’t repay the loan? Take it easy, choose a low-risk investment product where KoinWorks provides protection fund facilities up to 100%. So you no longer need to worry when the investment does not go according to expectations.
5. Investing in the Stock Market
No investment can provide a profit in the blink of an eye. Most investments that can provide high profits are usually investments in the long term, above ten years. If you are one of the investors with an aggressive risk profile, then investing in the stock market can be the right choice.
6. Sleep and Rest
There is some evidence to suggest that sleeping indirectly can help you financially. Adequate and quality sleep will make you more alert and productive to work. Conversely, less sleep time is often the cause of various diseases such as heart and obesity.
The quality of sleep will significantly determine the quality of your health in the future. Not only that, getting enough sleep will help you stay mentally sharp, which means you have productive time to work and earn money.
7. Become a Writer and Publish a Writing or Book
Do you like to write? From fiction to personal opinions? It can be a source of additional income from your hobby. The trick is to write these ideas into articles or books, then publish and publish them.
You can publish it with a willing publisher. You will earn royalty money from every sale of your book. But, if no publisher wants to publish your writing, you can post it for free through various platforms or websites on the internet, even national mass media.
From there, you can earn money, Those are the seven ways that people rarely realize but can help get a source of passive income without having to work hard actively.