3 ways to earn passive income from home

Having some extra cash is always helpful, but it’s especially important in today’s economic climate. with Inflation Still high and cost everything from Grocery shopping per Veterinary care Understandably, an alternative source of income can be welcome for millions of Americans. Fortunately, there are multiple ways to earn passive income from the comfort of your home, and they don’t have to be a 40-hour-a-week commitment.

Passive income activities, explained by The IRS“Includes trade or business activities in which you do not materially participate. You materially participate in an activity if you engage in the conduct of the activity on a regular, continuous and substantial basis.”

Of course, the following three passive income ideas will be needed something engagement, but they won’t require as much heavy lifting as a full- or even part-time job. In this article, we’ll break down three ways you can start making passive income from the comfort of your home.

3 ways to earn passive income from home

Here are three ways you can start earning passive income now.

Take paid surveys

If you’ve ever answered a telemarketer’s phone call or completed a short survey online, you already have experience in this field. So why not get paid to take surveys online? It’s quick and easy, and you can do it at your own pace, in your own time The more surveys you complete, the more money you’ll earn, although some longer surveys may pay you more than taking multiple short surveys.

“We reward our members with free gift cards and cash for the daily tasks they already do online,” says Swagbucks, a paid survey site. explains. “Shop in-store or online, watch entertaining videos, play games, search the web, answer surveys and find great deals to earn points. Redeem your points for gift cards to your favorite retailers like Amazon or Walmart, to name a few, Or get cash back from PayPal.”

The more paid surveys you take, the more you can make. You can spread your work using multiple companies. Create accounts with Swagbucks, Survey Junkies and Branded Research and take it from there. Sign up, become a member and start earning passive income from your home today!

Rent storage space

If you have an unused area of ​​your home or property that you are comfortable renting out, you can start making money quickly without stepping outside.

What kind of area is applicable? The possibilities are endless. You can rent out a bedroom you’re not using or an adjoining apartment. You can rent out your basement, either as storage or living space, if eligible.

Want to keep out the rent? Then consider renting your garage for savings. If you have a backyard you’re okay with renting, consider going that route. Like the website to swim Even lets you rent your own pool. Do your research and see where you can make some passive income with the real estate you already own.

Consider virtual assistant jobs

In an era when millions of Americans are working remotely, there are new opportunities for those who want to work as assistants. By becoming a virtual assistant, you can secure a steady income while working from your home office or kitchen.

Tasks typically include answering e-mails, updating calendars, scheduling meetings and appointments, bookkeeping, and more. Specific tasks depend on the employer. Just check out sites like Indeed And start searching for virtual assistant positions. You may be pleasantly surprised at what you discover.

Bottom line

There are multiple ways adults can start passive income, many of which don’t require leaving the comfort of their homes. Paid surveys can be a good way to earn a few extra dollars while keeping your mind sharp and active. But those who are interested can earn money by renting out some of their real estate or doing more traditional work like becoming a virtual assistant.

There are various ways to earn money from home. So do your research and find a passive income job now.

Start making money taking paid surveys online now!