10 Best Ways to Create Residual Income

[{"selector":"#anim-8c9ac2fb-71a8-4e0b-86c4-46795aff5557","keyframes":{"opacity":[0,1]},"delay":100,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c4e60187-e699-4a02-bab2-7b3cddb192cf","keyframes":{"transform":["translate3d(0px, -99.3561%, 0)","translate3d(0px, 0px, 0)"]},"delay":100,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-113fc8b7-6a98-4ed0-9128-33d4b6634a82","keyframes":{"opacity":[0,1]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c67885eb-5d64-43e8-aaec-8b7bf8421c92","keyframes":{"transform":["translate3d(0px, 330.34653%, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Learn more

Most people believe that money is created through active income. They rarely think about passive income or even residual income as a source to generate wealth or financial freedom.

[{"selector":"#anim-cbccc870-f22e-47c6-901a-b3212155fb2b","keyframes":{"opacity":[0,1]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5d505eb0-b102-4af5-bf11-3a84d5b492bb","keyframes":{"transform":["rotate(-41deg) translate3d(0px, -128.02073%, 0) rotate(41deg)","rotate(-41deg) translate3d(0px, 0px, 0) rotate(41deg)"]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-01184899-7a59-4385-8a83-13b5cf5a5ef8","keyframes":{"opacity":[0,1]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Learn more

Here are 10 ways you can create residual income for yourself.

1. Invest in Real Estate

[{"selector":"#anim-ec4006cc-308b-4dd2-9fa9-9d3567791ab9","keyframes":{"opacity":[0,1]},"delay":100,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-87d2c631-8e73-4681-8e48-beb0d5408f43","keyframes":{"transform":["translate3d(-115.50632%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":100,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cc48f907-f228-451c-926f-11d2ee4cf927","keyframes":{"opacity":[0,1]},"delay":200,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-30db4f14-483f-4c75-b68c-db678d50cfe1","keyframes":{"transform":["translate3d(-115.8576%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1c06ae45-6d26-4ff5-a08e-4513e9c4d46f","keyframes":{"opacity":[0,1]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-eba3520a-efb4-46e5-b3b6-d8bd57e28f09","keyframes":{"transform":["translate3d(99.17809%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Owning real estate can be a great way to generate monthly income. You can purchase a single-family home, duplex, or even apartment building. Learn more

2. Vacation Rentals or Short-term rentals

[{"selector":"#anim-7cd4af17-752f-4c94-af6c-98e8bb841cc0","keyframes":{"opacity":[0,1]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e4f55a0c-3c80-4380-bd0c-bec8c6cb7cf8","keyframes":{"transform":["translate3d(100.00000%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fbd4d249-419e-490f-b9a0-064a16eb7f41","keyframes":{"opacity":[0,1]},"delay":200,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fa93f937-1840-4a5d-a25d-dd72e157b217","keyframes":{"transform":["translate3d(-115.2381%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b1e875dc-9771-4ea7-9830-20cba5b543df","keyframes":{"opacity":[0,1]},"delay":100,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8de36087-1c60-4f21-b0fe-2bea30262e79","keyframes":{"transform":["translate3d(-114.73355%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":100,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Airbnb has become huge over the last many years. If you have a free room in your house, you can rent that out. Learn more

3. Invest in the Stock Market

[{"selector":"#anim-a7c26647-6f60-4263-9f5e-00777fe4ee78","keyframes":{"opacity":[0,1]},"delay":100,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3647e0b7-90f0-4732-a1ea-4623b28b8dd6","keyframes":{"transform":["translate3d(-115.43409%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":100,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c05f71cc-9a47-406a-afad-90092c5bf380","keyframes":{"opacity":[0,1]},"delay":200,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-70e4edf5-08ff-45c1-bdc8-6cf32dd6c222","keyframes":{"transform":["translate3d(-115.18988%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f83c3864-695b-48bc-8ad5-5d8d4d77dee3","keyframes":{"opacity":[0,1]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7191c948-dcfd-4bdf-9e2e-91187d690a50","keyframes":{"transform":["translate3d(99.72603%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] It does take patience to allow your money to grow. If you can be patient and continue to invest, you will wake up in 10, 20, or 30 years with a massive portfolio. Learn more

4. Invest in REITs

[{"selector":"#anim-86cce6e7-da25-49d1-9ae5-e3c320fac136","keyframes":{"opacity":[0,1]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2378e1f9-9ab9-4a26-a729-7518c06720a2","keyframes":{"transform":["translate3d(100.00000%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b7ef8c72-5fc9-48ab-aa35-51a2e519e20c","keyframes":{"opacity":[0,1]},"delay":100,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7f8f7c0e-169f-4fac-82ec-4e2e88034490","keyframes":{"transform":["translate3d(-116.71925%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":100,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-af31941e-50d9-482c-b480-83103ef6bdc8","keyframes":{"opacity":[0,1]},"delay":200,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-90011cbe-c429-4bcc-a765-127adcb7feef","keyframes":{"transform":["translate3d(-117.26385%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] REITs are real estate investment trusts. These are companies that will buy up real estate and use your money to help them do it. Learn more

5. Start a Blog

[{"selector":"#anim-35a1c74b-eeeb-4f0b-9871-abd0795cfbb8","keyframes":{"opacity":[0,1]},"delay":100,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9d650848-eca4-4127-b8c4-1ecbd139e39d","keyframes":{"transform":["translate3d(-115.43409%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":100,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-89155f53-dd7a-40ba-a188-f48cbdcd25e9","keyframes":{"opacity":[0,1]},"delay":200,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ce0bd8e9-d2a2-4717-9ab9-31bad66ca7f9","keyframes":{"transform":["translate3d(-115.18988%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bc0582e3-ef27-4ca1-9786-47e12b2a95a4","keyframes":{"opacity":[0,1]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f5410b78-6cf1-4720-a212-da2440aa81e1","keyframes":{"transform":["translate3d(99.72603%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Starting a blog can be challenging work that takes time and money to make things happen. Learn more

SWIPE UP TO READ MORE

[{"selector":"#anim-32a7feb9-0fa9-47c7-b3a1-bfc7307780ec","keyframes":{"opacity":[0,1]},"delay":200,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-593cb10c-0312-412c-9d3e-bc4cea1d7c5d","keyframes":{"transform":["translate3d(0px, -228.9598%, 0)","translate3d(0px, 0px, 0)"]},"delay":200,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Swipe Up!