25 passive income ideas to help you make money with in 2023

Passive income is a great way to earn money without having to put in a lot of effort upfront. While there is still some work involved in setting up passive income streams, once they are established, they can provide a steady stream of income with minimal maintenance. Here are 25 passive income ideas to help you make money:
1. Rent out a room on Airbnb: If you have an extra room in your home, you can make money by renting it out on Airbnb. All you have to do is list your room, set the price and availability, and wait for guests to book.
2. Invest in dividend-paying stocks: Dividend-paying stocks can provide a steady stream of income without requiring much effort on your part. Just buy the stocks and hold onto them, and you'll receive dividend payments regularly.
3. Create an online course: If you have expertise in a particular subject, you can create an online course and sell it on platforms like Udemy. This can provide a passive income stream as long as the course continues to sell.
4. Invest in a rental property: Owning rental property can provide passive income in the form of rental payments. Just make sure to properly maintain the property and choose reliable tenants.
5. Write an e-book: If you enjoy writing, you can write an e-book and sell it on platforms like Amazon. This can provide a passive income stream as long as the book continues to sell.
6. Create a mobile app: If you have programming skills, you can create a mobile app and sell it on the App Store or Google Play. This can provide a passive income stream as long as the app continues to be downloaded.
7. Invest in a peer-to-peer lending platform: Peer-to-peer lending platforms allow you to lend money to individuals or small businesses in exchange for interest payments. This can provide a passive income stream as long as the loans are being repaid.
8. Invest in a high-yield savings account: High-yield savings accounts offer a higher interest rate than traditional savings accounts, providing a passive income stream in the form of interest payments.
9. Create a print-on-demand business: With a print-on-demand business, you can create designs and have them printed on products like t-shirts and mugs, which can then be sold through platforms like Etsy. This can provide a passive income stream as long as the products continue to sell.
10. Invest in a CD ladder: A CD ladder involves investing in CDs with different maturity dates, allowing you to take advantage of higher interest rates while still having access to your money. This can provide a passive income stream in the form of interest payments.
11. Invest in a REIT: A REIT, or real estate investment trust, allows you to invest in a diversified portfolio of real estate properties. This can provide a passive income stream in the form of dividends.
12. Create a dropshipping store: With a dropshipping store, you can sell products without having to maintain inventory. Just choose the products you want to sell and arrange for them to be shipped directly to the customer. This can provide a passive income stream as long as the products continue to sell.
13. Invest in a crowdfunding platform: Crowdfunding platforms allow you to invest in a variety of projects, from real estate to small businesses. This can provide a passive income stream in the form of dividends or interest payments.
14. Create a subscription box service: With a subscription box service, customers pay a fee to receive a box of products on a regular basis. This can provide a passive income stream as long as the subscriptions continue.

15. Invest in a managed fund: Managed funds allow you to invest in a diversified portfolio of assets, such as stocks and bonds, with the help of a professional fund manager. This can provide a passive income stream in the form of dividends and interest payments.
16. Sell stock photos: If you have a knack for photography, you can sell your photos on stock photo websites like Shutterstock and make a passive income as long as the photos continue to be downloaded.
17. Create a video course: Similar to an online course, a video course allows you to share your expertise on a particular subject through video lectures. You can sell the course on platforms like Udemy and make a passive income as long as the course continues to sell.
18. Invest in a blog or website: If you have a passion for a particular subject, you can create a blog or website and monetize it through advertising or affiliate marketing. This can provide a passive income stream as long as the site continues to receive traffic.
19. Rent out your car on Turo: If you have a car that you don't use all the time, you can make money by renting it out on Turo. This can provide a passive income stream as long as the car is being rented.

20. Invest in a franchise: Investing in a franchise can provide passive income in the form of royalties from the sale of products or services. Just make sure to do your research and choose a reputable franchise.
21. Invest in a vending machine business: Vending machine businesses can provide passive income in the form of profits from the sale of products. Just make sure to choose high-traffic locations and regularly refill and maintain the machines.
22. Invest in a turnkey rental property: Turnkey rental properties are fully-renovated and ready to be rented out. You can invest in one of these properties and receive passive income in the form of rental payments.
23. Invest in a storage unit business: Storage unit businesses can provide passive income in the form of rental payments. Just make sure to choose a high-demand location and properly maintain the units.
24. Invest in a self-storage facility: Similar to a storage unit business, a self-storage facility allows you to rent out storage units to customers. This can provide a passive income stream in the form of rental payments.
25. Invest in a recreational vehicle park: Recreational vehicle parks allow people to park their RVs on the property in exchange for a fee. This can provide a passive income stream in the form of rental payments.
There are many ways to earn passive income, and the right option for you will depend on your interests, skills, and financial resources. By exploring these 25 ideas, you can find a passive income stream that works for you and helps you achieve your financial goals.