5 Simple Side Hustle You Can Start to Create Passive Income in 2021.

It's become too difficult for every one of us to go into a college and end up getting a job. The 9 to 5 work and unable to get income that we want.

An inside voice daunting us to leave the job and start a business. But it gets too much courage- families, liabilities, and pressure.

It's unbreakable to change our life and working toward passive income.

Quitting a job and deciding to dig something big is really a great part of life.

I don't want that 9 to 5 work it seems like becoming a slave.

Yes, I have the same type of feeling.

1. Wanted to travel all around the world.
2. Live life without stress.
3. Want to work on what I want.

But I was clueless, I don't have any idea what to do.

I want to become financially freedom and that is possible only after earning passive income.

According to moneyfit.org,

Financial freedom usually means having enough savings, financial investments, and cash on hand to afford the kind of life we desire for ourselves and our families. It means growing savings that enable us to retire or pursue the career we want without being driven by earning a set salary each year.

The same purpose I was finding on going towards passive income.

So I decided to do the following activities studying in college and it really helped me a lot.

1. Start an Online Business.

Life after Covid-19 will be definitely online. Work from home will be going to become a trend no matter how harsh it could be.

Humans will enjoy earning from home. So why not we?

It's not an industrial era it is more an information era. And that's why Content marketing is exploding and thus Vocal, Medium came into existence.

So at least try to be more online rather than offline. Learn more about technology and be a part of it.

I am on Medium, Vocal, Doing Web Development, and earning from affiliate marketing.

Including all of this, there is also Shopify where you can start your business freely, sell everywhere, market your business, and manage everything.

I haven't tried Shopify but you can explore it.

2. Focus on Gold, Silver, and Real Estate.

As the Economy is becoming from bad to worse. It's time to go more towards Gold, Silver, and Real Estate.

Robert Kiyosaki in his book Rich Dad Poor Dad even mentioned the worst economy and increasing inflation will not lead to help us. The economy is deteriorating in the world, not about the US or specific to any other country.

After starting a business or earning money spent half of yours on Gold, Silver and, Real Estate.

If all goes well then I will be preferring towards this only rather than stocks. I don't prefer stock because it is fluctuating. We don't have any control over it.

Buy a home and rent it out, it is just simply like buying a chicken and selling eggs.

3. Earning through Rakuten

2 years before I was recommending products to all my friends so I can get a commission.

After that, I used all other categories consist of Rakuten to promote, and with that, I have actually earned 249.06$ so far.

Actually, it consists of 750 stores with up to 30% cashback.

Yes, when you buy any specific product from Rakuten you get a cashback from it.

Now you get a doubt, How Rakuten provides cashback?

It is simple, Stores pay Rakuten a commission for sending customers to their online stores, and Rakuten shares the commission with us as cashback.

If you want to try Rakuten, you can create a free account (An affiliate link, it doesn't cost you a single cent). Other than that you get a 5$ bonus when you join.

It genuinely creates a passive income when you refer to your friends as well.

4. Start a Blog.

Today it is easy enough to create a website based on your niche and create multiple passive incomes. I will not be going to lie, it is easy to start a blog but you have to work on marketing and then you can earn easily.

I have used Wordpress.org to create a website and Hostinger for hosting. It's working fine after 2 years now.

There are various youtube videos to create a Website with WordPress and a guide for purchasing hosting.

So try it out, the more you will work, the more you will earn, and the more you will get experience.

5. Affiliate Marketing

Many of you will be not going to find it true but really you can earn passive income through Affiliate Marketing.

You don't trust me? No, then read some facts.

According to Statista, affiliate marketing spending in the U.S. alone is expected to reach $8.2 billion by 2022, more than triple what it was 10 years earlier.

According to a Forrester report commissioned by Rakuten, 81% of advertisers and 84% of publishers use affiliate marketing.

According to Google Trends, Between 2015 and 2020, the search interest is up over 200%.

Now let's jump directly into Affiliate Marketing. There are tons of reputed websites out there that provide affiliate links and high commission like Amazon, Hostinger, ShareASale, Rakuten, and many more. Just sign up and start making money.

I really like Affiliate Marketing. Just sign up and advertise on your social media, and even to your friends. We don't have to create a fantastic just sell it into the online world.

That's all I wanted to write. Start exploring and start earning your passive income.

If you like it you can read this as well.