15 ways to make passive income in 2022

With inflation on the rise, it is important to make sure that you are cash positive and ready to jump on any opportunity that comes your way when it comes to making more money. This guide will give you 15 different passive business ideas that help you earn extra cash.

What is Passive Income?

Passive income is earnings from a rental property, limited partnership, or other enterprise in which a person is not actively involved.

How to make passive income during a recession. 

1. Create a course

2. Write an e-book

3. Rental income

4. Affiliate marketing

5. Flip retail products

6. Sell photography online

7. Dividend stocks

8. Create an app

9. A bond ladder

10. Sponsored posts on social media

11. Invest in a high-yield CD or savings account

12. Advertise on your car

13. Create a blog or YouTube channel

14. Rent out useful household items

15. Sell designs online