Everybody needs a little extra cheddar from time to time.

Passive income has long been recognized as one of the greatest ways that enterprising individuals can multiply their earning potential several times over. 

To put it simply

Passive income is literally having the ability to make money while you sleep.

Passive income

With passive income, you earn money without any additional effort. This usually comes from investing or real estate.

There are lots of great passive income ideas that beginners can use to earn money from various sources.

This includes everything from making relatively moderate investments to producing content and assets.

What’s the trick? 

Picking the ones that interest you the most and provide value to other people. Here are six popular ways to earn passive dough:

1. Investing
2. Dividend Payments
3. Real Estate
4. Blogging
5. Social Media
6. Self-Publishing eBooks

The best way to create your passive income stream is to start by considering what you know, what interests you do, and why that would be valuable to others.