With affiliate advertising, you only get paid when someone clicks on your link and signs up for something or buys something. You can get paid a ridiculous amount of money based on your traffic - even while you sleep! #4: CPC Ads (Cost Per Click) The best part about display ads is they are entirely passive. Most display ads are set up by ad networks that work as the middlemen between you and advertisers who want to pay you. The point is that advertisers are paying to promote their products - their ads just so happen to be on your website. The beauty of having online property is the fact that you can monetize it in so many ways.ĭisplay ads work like billboards you see on the side of the highway, only they’re featured on your website instead. Once again, this is going back to the blog. You can even build an affiliate business using social media! #3: Display AdsĪnother way I earn more than $1,000 per month passively is by using display ads. I know people who are crushing it with affiliates using YouTube, podcasts, and other avenues. But you don’t have to do things the way I did you could start nearly any type of website and find affiliates that work in your niche.Īnd remember, you don’t necessarily have to start a blog per se. My main website,, earns all kinds of affiliate income through relationships we have with investment firms, insurance companies, online banks, and more. Affiliate marketing is an income idea that requires you to have a website or platform you can use to promote other companies, or “affiliates.” When someone uses your affiliate link to purchase a product or sign up for a service, you get paid. Where investing is a wealth-building strategy that has been around forever, the second passive income option on this list is fairly new. But you have to start somewhere, right? #2: Affiliate Marketing Obviously, it takes time and consistent investing to build up your portfolio where you’re earning $1,000 per month. According to Forbes contributor Brett Owens, dividend investors who look ahead have the potential to score annual returns of 15%, 20%, or even 25%, if only they pick the right dividend-paying stocks and stay the course. While the amounts I have invested in these accounts vary, they’re all paying me more than $1,000 per month.ĭividend investing in particular has been a profitable endeavor for me and for many other investors. Dividend-paying stocks, ETFs, and other investments like Fundrise and Lending Club are helping me earn money around the clock – and all with no work on my part. The first passive income idea on this list does take some start-up cash, but it absolutely helps me earn more than $1,000 per month.
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