Passive income ideas was a trending topic in 2018 through the waves are dying down a bit this year but the fact has never changed that ever than before people are constantly seeking out ways to increase their earning and enjoy financial independence. In this article
am going to share the top 10 passive income ideas that made waves in 2018 and how you find passive income opportunities in those ideas in 2019 buy. But first, if you are new to the topic, your first question would be what passive income is?
Passive income simply means residual income, that is money that comes to you over time from a work you have done in the past or something you are doing now that doesn’t require much of your time and effort. Put in another way, passive income is money you earn from a part-time job. It is different from active income, which is the money you earn from your job – salary.
The big question people often ask is whether one can live off their passive income earnings. If you work your passive income sources and build streams of residual income, you can get to the point where your passive income may equal what you are earning on your day job. And that is the goal, to build multiple streams of passive income so that it eventually equals or surpass what you are earning on your day job, at that point you may have been said to reach financial independence because then you have control of your time, your money is coming in to pay the bills even if you quit your main job and the system runs automatically, you just manage it.
I guess the question in your mind now is whether there is something you can do part time that will earn you almost a full-time income. Yes, there is, a matter of fact there are! Here we go with the top 10 passive income ideas of 2018