"Earning passive income means making money with little to no effort. While there's usually some work involved leading up to making a passive income without real estate, once you put in the time, you can bring in money while you sleep. Many people picture real estate tycoons and Wall Street investors when they hear about someone with a significant income stream that allows them to work only when they want."
"Creating digital products and selling them online is helping people earn the passive income they need, giving them the ability to live the life they desire. "I'm seeing people creating digital products," financial planner Akeiva Ellis told Business Insider. "Whether that's a printable they sell online, or a worksheet, or a guide, or an ebook or an online course, it's those kinds of things that people can set up once, and that requires little to no maintenance.""
Passive income can be earned with little to no ongoing effort after initial work. Creating digital products such as printables, worksheets, guides, ebooks, and online courses enables creators to set up offerings once and require minimal maintenance. Selling those products online allows people to share expertise while generating revenue that can support a desired lifestyle. Earnings vary based on product quality, marketing, platform choice, and other factors, so simple uploading does not guarantee returns. Some creators earn thousands of dollars per month while working only a few hours weekly. Platform selection and upfront promotion remain important for success.
Read at Money Digest
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