Ways to Earn Passive Income in 2022

Having more than one source of income is pretty common these days. For some people, it’s a way to make ends meet. Here are 39 Passive Income Ideas to Build Wealth.

1. Open a High Yield Savings Account

By simply putting your money in the bank, you may be able to start to earn passive income on it. 

2. Buy a Company

Although this may take an up-front investment, buying into a business and becoming a silent partner can be another passive income source.

3. Become a Peer-to-Peer (P2P) Lender

Using a peer-to-peer or crowd-lending website, you can be matched to an individual seeking a loan and lend your money as an installment-type loan.

4. Buy a Rental Property

Another popular passive income source is rental property. You might want to purchase a home to rent out to an ongoing tenant or list a property on a short-term rental site.

5. Invest in Crowdfunded Real Estate

There is no guarantee that investing in dividend-paying stocks will continue to earn you passive income.

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