FINP081 Passive income in Australia: What actually works (and what doesn’t) (687 words)

Would you like to make money while you sleep? The best way is not through social media, but by building your assets and then letting them earn for you, slowly but surely. Find out how in this article.
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What’s the first thing that springs to mind when you hear the term ‘passive income’? It may be creating an e-book, a blog or a YouTube channel, engaging in affiliate marketing or selling stock photos, but in fact, none of these is entirely passive. They all require lots of upfront effort to generate a very modest income unless you are very lucky.

However, there is some good news.

A detailed look at what works

There are plenty of guaranteed ways for Australians to set up the dream of ‘income while you sleep’. Here’s a list of what can actually succeed, but with a dose of realism attached.