#Ways to generate passive income for free
#Ways to generate passive income how to
#Ways to generate passive income professional

According to Packetstream, you can connect multiple devices, but if they are on the same network, they warn that you may have diminishing returns. The concept is similar to Honeygain – Packetstream will pay you for sharing bandwidth through their platform. Packetstream is another option if you want to share your internet bandwidth. For example, if you dedicate 12 hours per day, you can earn around $10 per month.

If you don’t want to share your bandwidth through Honeygain, they also offer a Content Delivery (CD) option where you get paid based on how long your devices are hooked up to their CD servers. For example, you can earn around $24/month if you share 8 GBs and have 4 devices hooked up. They have a pretty cool tool that allows you to see how much you can earn based on how much bandwidth you share, how many devices you include, etc.

#Ways to generate passive income for free

But you can also redeem for free gaming (e.g., XBox Live, free game skins, etc.) or even use your earnings to pay for popular subscriptions like NetFlix, Amazon Prime or Spotify Premium.Īccording to Honeygain, the more bandwidth you share, the more you can earn. They allow you to sell your bandwidth and you can redeem your earnings in a number of ways. You just need to sign up with some of the online companies that will buy this spare bandwidth from you. You don’t need to do much here to get started. If you’ve got unlimited internet bandwidth, you can actually sell what you are not using and make a little extra cash on the side. Category One: 100% Passive Income With No Effort 1.

#Ways to generate passive income professional

You should seek the advice of a qualified professional before making any investment or other decisions relating to the topics covered by this article. It is not a recommendation to buy or invest, and it is not financial, investment, legal, or tax advice. The information contained in this post is for informational purposes only. If you click on a link and complete a transaction, I may make a small commission at no extra cost to you. If you would like to see a condensed version of this article in video format, check out my YouTube video on the topic below. Ok, we got a lot to cover, so let’s get into it! Once created, these online assets can produce an enviable stream of passive income for many years, but again, you need to put in the work (or hire people who will do it for you). These include things like blogs, YouTube channels, and eBooks (where you can passively collect royalties from their sales). The final category contains strategies that have the potential to make serious passive income (I am talking thousands of dollars per month or more), but that require a lot of upfront effort. These include selling things you already own (like extra space in your basement, closet, etc.) through online platforms and using portals like Merch By Amazon to make passive income from designs and slogans you come up with. The second category involves strategies that will produce passive income, but requires some modest effort upfront. That’s ok, we will cover each of them in detail later on. I know that some of these terms may be unfamiliar to you. These are things like selling your extra internet bandwidth, selling extra computing power that you are not using, and autosurfing. The first category includes strategies that produce 100% passive income with no effort. I am going to group them into three categories for easy reference. In this article, we are going to cover 9 ways that you can make passive income (which is income that you earn without ongoing effort) with your computer.

#Ways to generate passive income how to

If you own a computer (or can get one) and want to learn how to make passive income with it, you are in the right place.