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4 Easy Ways to Make Money (Without Having to Think About It)

Whether you’ve got a steady 9-5 job with a solid income or you’re slogging away at three part-time jobs, we could all use a little extra cash for adding to our savings or paying down debts. Even if you just want some extra “fun money,” there’s no reason you need to dip into your regular income to make it happen.


Fortunately, there are a few easy ways to earn extra money without having to put in a lot of extra work. In fact, the idea of “passive income” is gaining traction, so it’s smart to get in on this growing trend ASAP. While some of these options may not work for your interests or lifestyle, most people can find at least one way to easily generate some extra income in this list.

Share Your Talents

Are you an expert in something? Creating what’s known as an “information product” can be a great way to generate some passive income. Most people choose to write an e-book or create a tutorial video that shares their interests or special knowledge. Then, they offer those products online for a small fee. Usually, a bit of online marketing is required to build buzz or to direct people to the right website where they can purchase your product. You can do that on your own, or you can hire someone else to do it for you.

The great thing about this option is that if you can build a following, it’s easy to keep increasing your passive income stream. Someone who creates a useful e-book could go on to develop a series of e-books to elaborate on the original topic, for example. It takes some unpaid elbow grease up front, but this is a passive income option that just about anyone can pursue if they dedicate themselves to creating a quality product.

Rental Income

Have you ever thought about renting out homes or apartments? This can be a great way to bring in extra income without having to do too much extra work. The key with this method is to factor in the costs of maintenance and repairs. All properties will need some work done, so the costs of paying someone to do that need to be factored into your rental rates. If you truly want this to be a low-effort income stream, you’ll want to have the extra cash available to hire a property manager.

This is a great option for someone who has the ability to invest in real estate. Those who can buy multiple properties or units obviously have better prospects when it comes to their total rental income. But don’t discount yourself just because you’re not able to buy a separate home or multi-unit building. Do you have empty storage or garage space that you could charge someone else to use? Would someone want to rent a piece of equipment you own? These options still require little effort while bringing in regular income.

Peer-to-Peer Lending

When you don’t have huge sums of money available, it may seem like you’re cut out of the investment game. But peer-to-peer (P2P) lending lets just about anyone make a little extra money with minimal effort. Sites like LendingClub.com and Prosper.com make is possible for you to provide a personal loan to a borrower. The site facilitates the transaction so everything is recorded properly. Then, the borrower makes payment to you to repay the loan, with interest. That interest rates is essentially how you’ll make passive income in these transactions since you’ll be getting back more than you originally loaned out once the loan has been fully repaid.

There are some risks with this type of passive income, so you need to do a little research before offering your first loan. However, since loan amounts can be quite minimal, you can start out with some small loans to see how your earnings add up. According to many sites, lenders can earn returns as high as 8% or even 12% through P2P lending.

Affiliate Marketing

This option really only works well if you have a website or blog that has already generated a significant amount of interest. However, if you fall into that category, affiliate marketing can add up to significant extra earnings with hardly any effort.

To use affiliate marketing, you’ll sign up with a third party and promote their products on your site. By placing links to specific items, you’ll earn money whenever visitors to your site make a purchase after clicking on the link. The commission rates can be quite high, with many around 15%-20% per transaction. One of the great features about this option is that you can link to products you actually use or would recommend to others. In other words, you get to pick which items you help to advertise rather than being limited to what the third party wants you to shill for them.

Ready to earn a little extra money? Use these easy methods to get started on the road to passive income.


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