GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you might read more about oureditorial guidelinesand our products and servicesreview methodology.
Having reliablepassive incomesources means youre making money while you sleep.
Unfortunately, the biggest obstacle for most people is not knowing how to start.
Luckily, there are many ways to generate passive income.
Some require a little money to start, but others do not require any cash at all.
Keep reading as we look into fourways it’s possible for you to start generating passive income this week.
Dividend-focused investments give you a chance to earn income through price appreciation and dividend payouts.
Its important to look beyond the current dividend yield when looking for dividend investments.
These can be misleading at times.
Instead, look for companies continuously paying out and raising their dividend.
For example, Dividend Aristocrat companies have increased their dividend to shareholders in each of the past 25 years.
These are solid companies that can help you build a consistent passive income stream.
With gold prices at all-time highs, selling unworn jewelry could be an easy way to earn money.
Companies likeThe Alloy Marketmake selling jewelry easy and getting paid quickly.
In fact, selling gold has been around for thousands of years.
you’re free to also look for other items that include precious metals.
Depending on the markups, most customers will receive offers ranging from $1,000 to $4,000.
To begin, it requires little to no money to get started.
With 50 sales a month, thats a simple $500 in passive income.
Once uploaded, photographers and videographers receive pay for every download, Huang said.
More From GOBankingRates
Share This Article:
