What’s an easy way to make passive income?

There are several easy ways to generate passive income, depending on your interests, resources, and the amount of time you're willing to invest initially. Here are a few popular options:

**Dividend Stocks**: Invest in stocks that pay dividends. This way, you can earn a portion of the company's profits regularly without actively managing the investment.

**Real Estate Investment Trusts (REITs)**: If you're interested in real estate but don't want to buy properties, consider investing in REITs. They are companies that own and operate income-generating real estate and pay dividends to investors.

**Peer-to-Peer Lending**: Platforms like LendingClub or Prosper allow you to lend money to individuals or small businesses in exchange for interest payments.

**Create a Blog or YouTube Channel**: If you create content that attracts an audience, you can generate passive income through ad revenue, sponsorships, and affiliate marketing. This usually requires a significant initial investment of time.

**Write an eBook or Online Course**: If you have expertise in a particular area, you can write an eBook or create online courses. Once the material is created and published, it can generate income with minimal ongoing effort.

**High-Interest Savings Accounts or CDs**: While not the highest earners, putting your money in a high-yield savings account or certificate of deposit (CD) can provide safe, passive income through interest.

**Create an App or Software**: If you have programming skills, developing a mobile app or software solution that solves a problem can generate income through purchases or subscriptions.

**License Your Photography or Artwork**: If you are a photographer or artist, you can license your work to stock photo websites or create products that feature your designs.

**Affiliate Marketing**: Promote products and earn a commission for every sale made through your referral link. This is often used in combination with blogging or social media.

**Rent Out Space**: If you have extra space or a spare room, consider renting it out on platforms like Airbnb.

Each of these options comes with its own set of risks and requirements, so it’s important to do thorough research and choose the method that aligns best with your skills and financial goals.