7 Passive Income Ideas To Change Your Life In 2024

In this video, I'm covering 7 passive income ideas that you can use to diversify your income and earn more in 2024.
Many of these passive income streams are perfect for beginners. And some of them even have full-time income potential and serious scaling potential.
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Insta: / tomblakefinance
The 2024 passive income ideas I cover in this video include:
1️⃣ Parasite SEO
This passive income hustle is growing rapidly in popularity. But it involves affiliate marketing on other people's website, so you can skip the hard work of building a website yourself!
2️⃣ Investing In Businesses
Companies like Mainvest and Franshares let you buy shares of income-generating businesses and are completely passive. You can also invest in businesses as a non-active partner.
3️⃣ Sell Digital Products
This passive income source takes upfront work but has immense potential. People sell digital products like worksheets, templates, and even Excel and Google Sheet templates.
4️⃣ Peer-to-Peer Lending
Websites like Prosper and Reddit r/borrow let you earn interest by lending out money to people, almost like you're the bank.
5️⃣ Passive Income Apps
I've been using this passive income idea for years. You can use apps like MobileXpression, Pogo, Mobile Performance Meter, and Nielsen Panel to sell your data for easy passive income.
6️⃣ Rent Out Assets
Homes, parking spots, cars, tools, drones, and so many other valuable assets can turn into an income source. All you have to do is find the right rental marketplace to list your items.
7️⃣ Fractional Real Estate
Real estate investing platforms are growing in popularity. And ones like Fundrise and Arrived let you invest in income-generating properties starting with only $10 and $100 respectively.
Timestamps:
0:00 - 0:34 Intro
0:35 - 2:25 Parasite SEO Affiliate Marketing
2:26 - 4:00 Invest In Businesses
4:01 - 5:29 Sell Digital Downloads
5:30 - 6:42 P2P Lending
6:43 - 7:40 Passive Income Apps
7:41 - 8:55 Rent Out Assets
8:56 - 10:14 Fractional Real Estate
10:15 - 11:12 Conclusion
AFFILIATE DISCLOSURE: Some of the links on this page are affiliate links, meaning, at no additional cost to you, we may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our opinions and comparisons.

[@TomBlakeFinance]

I hope everyone is having a nice day! 😊 I really like researching and trying different passive income ideas. And I wanted this video to include a few creative ones you might not have heard of. Anyways, hope you all enjoy and please let me know if there's an idea you like, don't like, or want to know more about! Thanks for watching as always.

[@shamsolbahari9471]

Support from Malaysia ..Loyal follower..😊

[@TomBlakeFinance]

You rock! Thanks for the comment again and for your support 😊😊

[@user-lq5ht6mg1p]

Would you Please make video,how to creat PayPal account to those who lives in Africa(Ethiopia)?

[@AyubKhan-kg9er]

Nice Tom brother ❤

[@TomBlakeFinance]

Appreciate it, so glad you like these passive income ideas. Have an awesome day 😊

[@user-lq5ht6mg1p]

You're good man! Okay? Yeah you're good

[@TomBlakeFinance]

Thanks for the kind words and for watching! :)

[@ernestocarrillo7]

@@TomBlakeFinance. Your actually a bad MF. With all do respect. 🫡

[@ICECOLD0075]

Support from INDIA 🇮🇳🇮🇳bro 😊😊

[@TomBlakeFinance]

Thanks very much for the support 😊😊

[@literature221]

Awsome video 🎉

[@TomBlakeFinance]

So glad you like these passive income ideas :) thanks!

[@OhaemesiChimeremeze]

Nice

[@TomBlakeFinance]

Thanks, very glad you like these passive income methods 😊

[@Netlie388]

How about just playing money games
Any you know of, please tell

[@TomBlakeFinance]

I have lots of videos on this channel and on This Online World on this topic :) it depends if you have an Android, iPhone, or want to play on your computer though

[@Yourfavourite_playlist_girly]

How many of the websites out there are scams because I’m still scared to put in my details

[@Brianmwendwa-le8xt]

A review on remotask kindly

[@TomBlakeFinance]

I have one on this channel and on This Online World 😊

[@Brianmwendwa-le8xt]

@@TomBlakeFinance can I get one kindle

[@firemonster437]

Your suggested 5 passive income app will work in india or not?

[@firemonster437]

Asking about dosh,Nielsen etc?

[@TomBlakeFinance]

@@firemonster437 Awesome question! Unfortunately those apps won't work in India unfortunately. I think Pawns and Honeygain might be the best passive income app options. Thanks for watching and your question

[@EARN-750-DAILY_JOB_FOR_U]

"Two roads diverged in a wood and I took the one less traveled by, and that made all the difference." --Robert Frost

[@TomBlakeFinance]

Another excellent quote!

[@EARN-750-DAILY_JOB_FOR_U]

"If you want to achieve excellence, you can get there today. As of this second, quit doing less--than--excellent work." --Thomas J. Watson

[@TomBlakeFinance]

Love this quote!