The article discusses various methods of generating passive income, particularly emphasizing YouTuber Ali Abdaal's experiences. He highlights investment in stocks as a straightforward way to earn passive income through returns rather than letting money sit idle. Additionally, starting a YouTube channel and podcast can provide income, though both require investment of time to achieve success. Abdaal also mentions affiliate marketing, where individuals earn a percentage by promoting products, and emphasizes the potential in selling digital products like eBooks. These diverse strategies cater to different interests and skill sets.
The term "passive income" has become a buzzword in recent years, one that essentially refers to the money you make on the side without having to do a lot of continuous work.
Investing in stocks is the easiest way to make any kind of passive income. Just take money that would be sitting in savings and invest it for a greater return.
Affiliate marketing means that you are selling other people's products, but you're getting a percentage of the sales from those products.
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