Need a passive income stream? Here are 10 ways to make money online

1. Take online surveys

Giving your opinion and taking part in market research can be an easy way to make money online. Some of the more popular survey sites include Survey Junkie, Swagbucks, OneOpinion, Opinion Outpost and Ipsos iSay.

Find out how you can make a few extra bucks from home by taking online surveys now!

Keep in mind: These won't bring in huge earnings. Swagbucks says its members earn about $1 to $5 per day. Just make sure you do some research before you get started or commit to participating in any online surveys.

2. Sign up for a gig-working platform

There are several platforms designed for online gig work. For example, Amazon Mechanical Turk is a place you can take on small tasks for businesses across the globe. They might include moderating content, taking a survey or transcribing audio.

Clickworker is a similar platform, or if you have a specific skill - like copywriting, editing or graphic design - you can use freelancing platforms like Fiverr, Freelancer.com and Upwork to connect with potential clients.

3. Start a blog

Blogs aren't just for fun these days. They can be quite the moneymaker when done right. The key is to pick your niche, build your audience and then monetize the blog. Just remember: Building a following can take some time, so be patient.

You can do this through affiliate marketing, which earns you a commission when someone clicks a monetized link or buys a product that's promoted on your blog. You could also try selling and displaying ads on your site. You can use a tool like Google Adsense to get started with the latter.

4. Start an online store

If you're the creative type, you can start up an Etsy shop. Etsy sellers offer everything from jewelry and clothing to artwork, invitations, yard signs and more.

If that's not your style, you can start a drop-shipping store. With this strategy, you essentially operate a storefront. When a customer makes an order, you order that product from a third party (typically a manufacturer, vendor, or wholesaler) and ship it directly to the customer. Shopify has a whole dropshipping walkthrough you can use to get started (and you can use their platform to create your store, too).

Shopify encourages users to consider this route and even lists ways it's beneficial, from reducing your stress to giving you the flexibility to work remotely.

5. Start a YouTube channel

YouTube creators can make a lot of money, and it doesn't necessarily require much expertise. You can create how-to or explainer videos on virtually any subject or go more personal and put yourself in the videos. You can interview subject matter experts, provide tips and tricks, or even just show yourself playing various video, mobile or board games.

The important thing is to find a niche and build a following. You can then integrate Google Ads, become a YouTube Partner, and even make money off memberships, live chats and subscriptions.

6. Sell your photos

If you're known as the photographer in the family you can make some extra money by selling your photos online. There are websites like Fine Art America in which you can upload your images and have them featured on merchandise that's then sold on the site.

7. Become a transcriptionist

If you're a fast typer, you might consider doing some online transcription for cash. You'll simply need to listen to audio files and then type out what you hear. You get paid per piece, so the faster you can type, the better - at least, financially speaking. Rev.com, GoTranscript and TranscribeMe are just a few of the sites where you can find online transcription work.

8. Become a virtual assistant

More work than ever is being done online following the shift to working from home. It makes sense, then, that remote help will be needed. By becoming a virtual assistant via websites like Indeed (just search for "Remote Virtual Assistant") you can work for a business in need from the comfort of your home office.

The work needed varies - from writing to social media management to traditional bookkeeping - so look around for something that fits your skills and background.

9. Test websites and apps

Fancy yourself the tech-savvy type? If so, you can get paid to test out new websites and mobile apps and hunt down any glitches. At UserTesting.com, for example, you get to test new sites and products from brands like GoDaddy, Hello Fresh, HP, Subway and Canva.

You just need to have a reliable WiFi connection, a microphone, a computer or mobile device and you can get to work. BetaTesting.com, UserZoom and Userlytics are other similar platforms.

10. Buy and sell domain names

If you're web savvy then consider purchasing and then selling domain names. Sites like GoDaddy.com can even help complete the sale via an online auction. Or just simply buy names you think may be interesting in the future (think entertainment, sports and political events). You can then put your contact information on those URLs and offer to sell them to anyone looking to buy.