Are you in school and looking for passive income ideas for students that are easy to achieve and can make you some extra money?
If so, you’re not alone. A lot of students are looking for passive income opportunities because they want to have more money to spend on fun things.
In this article, we will discuss 28 different passive income ideas that are perfect for students! We will cover a range of different options, so there’s sure to be something here that appeals to you. Keep reading to learn more!
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What is passive income?
Before we get into the specific passive income ideas, let’s first discuss what passive income actually is.
Passive income is defined as income that you earn without having to actively work for it. This can include things like rental income, royalties from intellectual property, and interest payments on investments.
Why would a student want to earn passive income?
There are a few reasons why students might want to earn passive income. First, passive income can provide you with a steady stream of income that you don’t have to work for directly.
This can be helpful in case you need some extra money to cover expenses or want to save up for something special. Second, passive income can help you build wealth over time if you invest it wisely.
28 Best Passive Income ideas for students
The best passive income ideas for students are those that don’t require a lot of work. After all, you’re already busy enough as it is! Here are some great options to consider:
Student Passive Income Idea #1. Start a blog
One great way to make some passive income is to start a blog. This can be a lot of work in the beginning, but once you have it up and running, it can continue to bring in money month after month. If you’re interested in this option, we recommend checking out our free blogging course!
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Student Passive Income Idea #2. Start a YouTube Channel
Another great option is to start a YouTube channel. This can also be a lot of work in the beginning, but it can be a great way to make passive income if you’re willing to put in the effort.
Student Passive Income Idea #3. Create an Online Course
Another passive income idea is to create an online course. You can sell your online course through platforms like Udemy or Teachable. Online courses are a great passive income idea because you can continue to sell them after they’ve been created!
Student Passive Income Idea #4. Start an Online Store
You could also consider starting an online store. This can be a great way to sell products that you created yourself or products that you sourced from other sellers.
Student Passive Income Idea #5. Become a freelancer
If you’re not interested in starting your own business, you could always consider becoming a freelancer. This can be a great way to make money doing something that you enjoy, and it doesn’t require a lot of start-up costs.
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Student Passive Income Idea #6. Rent out a room
You could also consider renting out a room in your house on Airbnb. This can be a great way to make some extra money, and it’s perfect for students who live in a major city.
Student Passive Income Idea #7. Virtual assistant
You could also consider becoming a virtual assistant. This can be a great way to make money, and it doesn’t require a lot of experience or special skills. You can find work as a virtual assistant on websites like UpWork and Freelancer.
Student Passive Income Idea #8. Use your car to advertise
Use your car to advertise for business or advertisement company. You can get paid weekly so that passive income ideas for students.
Do you have any skills that people would be willing to pay for? If so, you could start offering your services as a consultant. For example, if you’re skilled at writing code, graphics design, or anything else that businesses might require.
Student Passive Income Idea #9. Sell handmade items online
Another great way to make passive income is by selling handmade items online. There are a number of websites that allow you to sell your creations, such as Etsy and Shopify.
Student Passive Income Idea #10. Participate in paid focus groups
If you’re looking for a little extra cash, you could consider participating in paid focus groups. These are groups of people who are gathered together to provide feedback on a product, service, or idea. You can find these groups online, or by contacting your local market research firm.
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Student Passive Income Idea #11. Start a podcast
One of the best passive income ideas for students is to start a podcast. This can be done relatively easily and doesn’t require much money or equipment. You can start by recording your conversations with friends or classmates, and then post them online.
Once you have a following, you can start charging for advertising or sponsorship opportunities.
Student Passive Income Idea #12. Write an ebook
Another great passive income idea for students is to write an e-book. If you’re not sure what to write about, start by researching topics that are popular among your peers. You can then create an outline and begin writing the book itself.
You may be thinking: “But wait! I don’t know how to write a book!” Luckily there are many resources available online that can help you get started.
If you’re an expert on a particular topic, you could write an ebook and sell it online. Ebooks can be a great way to make passive income, and they don’t require a lot of start-up money. You can find a number of sites that allow you to sell ebooks, such as Amazon Kindle Direct Publishing.
Once your e-book is finished, it’s time to start selling it on Amazon or other platforms like iTunes and Kobo (which are free). You may also want to consider creating a website for yourself where people can buy directly from you. This will require some work but could pay off in spades if done correctly.
Student Passive Income Idea #13. Sell your photos online
If you’re a photographer, or just enjoy taking pictures, you can sell your photos online. Websites like iStockPhoto allow people to pay for the use of your photos. Selling your pics can be a nice way to make passive income immediately and with little effort.
This passive income idea for students involves taking photographs and then selling them online. You can also sell your photos to websites such as ShutterStock. If you have a large collection of images, it may be worth setting up your own website and selling directly from there instead.
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Student Passive Income Idea #14. Create a digital product
A passive income idea for students that doesn’t require much work is creating digital products like e-books, videos or courses on subjects you enjoy. You can sell these items through websites like Udemy where people pay a small fee per product download.
Student Passive Income Idea #15. Peer to Peer Lending
Peer to Peer lending is a great way to make passive income. You can invest in other people’s loans and earn interest on your investment.
To get started with Peer to Peer lending, you’ll need to create an account with a site like Lending Club or Prosper.
Student Passive Income Idea #16. Rent out your stuff
You can also make passive income by renting out your stuff. Sites like Rent the Runway and Bag Borrow or Steal allow you to rent out your fancy clothes, jewelry and handbags for passive income.
You can also make passive income by renting out your belongings. If you have a spare room in your house, you can rent it out to travelers on Airbnb.
Student Passive Income Idea #17. Rent out your Car
You can also make passive income by renting out your car. With services like Getaround and Turo, you can rent out your car to other drivers for passive income.
By renting out your vehicle, you’re making passive income from something that would otherwise sit in the driveway. Rental cars are in high demand, so this could be a great way to make some extra money.
Student Passive Income Idea #18. Start a Vlog
Start a Vlog or Youtube channel and make passive income. If you are a student, you can start a vlog about your college experience to help other students who are considering going to college.
Student Passive Income Idea #19. Print on Demand stores
Start a print-on-demand store and make passive income. You can upload your designs to sites like Redbubble or Society Six and earn passive income from each sale.
Print-on-demand stores are a great passive income idea for students because they allow you to sell your designs without having to keep inventory. You can also sell other people’s designs in your store for passive income.
Try this passive income idea for students and start making money today!
Student Passive Income Idea #20. Pet sitter
If you’re looking for a passive income opportunity that doesn’t require a lot of money to get started, you could consider becoming a pet sitter. This is a great option for students who love animals! Start by going door to door in your neighborhood and asking if anyone needs someone to watch their pets while they’re away.
This passive income idea for students doesn’t require much work and you’ll get paid for something that you enjoy doing. You could even consider becoming a pet walker or dog walker if you want to make passive income.
Student Passive Income Idea #21. Sell your notes online
If you’re looking for passive income ideas, there are many ways to make money online without having to work hard.
You can sell your old-school notes on sites like Stuvia and make passive income from selling your notes online.
Student Passive Income Idea #22. Sell old books or textbooks
Start by going through all of the books in your house that you no longer need and put them up for sale on Amazon, eBay or Craigslist. You can also sell your old textbooks on sites like Chegg or BookScouter.
By selling your old books and textbooks, you’re making passive income from something that you no longer need. You can also sell other people’s books and textbooks for passive income.
Student Passive Income Idea #23. Donate plasma
If you’re looking for passive income ideas that don’t require a lot of work, you could consider donating plasma. This is a great option for students who are looking for ways to make money without having to put in too much effort.
Donating plasma is a passive income idea because you can do it once or twice per week and earn a consistent income from it. You could also consider donating blood or sperm to make passive income.
Student Passive Income Idea #24. Invest in real Estate
If you’re looking for passive income ideas, real estate investing is a great option. You can invest in REITs or Real Estate Investment Trusts and earn passive income from your investments.
Student Passive Income Idea #25. Dropshipping business
If you’re looking for passive income ideas, dropshipping is a great option because you don’t have to carry any inventory. With dropshipping, you can sell other people’s products and make passive income from each sale.
A dropshipping business is a great passive income idea for students because it doesn’t require a lot of money to get started. You can also start a dropshipping
Look for passive income ideas that don’t require you to carry any inventory and start making money today!
Student Passive Income Idea #26. Become a Tutor
Another option is to start tutoring students online. This can be a great way to make some extra money, and it’s perfect for students who are knowledgeable in a certain subject area. You can use sites like Tutor.com to find people who need tutors, or you can advertise your services on Craigslist and other similar sites.
There are a wide number of subjects you can tutor students in, so there’s something for everyone. Start tutoring today and watch your passive income grow!
Student Passive Income Idea #27. Affiliate Marketing
Affiliate marketing is another great option. You could consider joining an affiliate network like Amazon Associates or Commission Junction, and then advertising their products on your website or blog.
Start an affiliate marketing blog and make passive income. High school students can start an affiliate marketing blog to help promote products and services that they use and believe in.
Student Passive Income Idea #28 . Investing
Invest in dividend-paying stocks and make passive income. You can also invest in Real Estate Investment Trusts (REITs) to make passive income.
Dividend-paying stocks and REITs are great passive income ideas for students because you can invest with as little as $500 per stock or REIT.
Frequently Asked Questions about passive income ideas for students
Some frequently asked questions about passive income ideas for students include:
How passive income ideas for students can help to pay off your student loans?
Passive income is great because it gives you passive cash flow. This means that you don’t have to work hard to earn passive income.
If you invest in passive investments like real estate or stocks, you can use the passive cash flow from those investments to pay off your student loans faster!
How do passive income ideas for students help with investing?
Passive income is great because it gives you passive cash flow. This means that you don’t have to work hard to earn passive income.
If you invest in passive investments like real estate or stocks, you can use the passive cash flow from those investments to help with your investing goals!
What passive income ideas are there? passive income ideas for students
There are many passive income ideas that you can start as a college student. You can make passive income by investing, starting an online business and renting out your stuff.
How do I make passive income while in school?
You can make passive income while in school by starting an online business, investing, and renting out your stuff. Start by selling stuff to your fellow classmates.
What passive income is best?
The best passive income idea for students depends on how much money you want to earn passively. You can start a Vlog or Youtube channel for passive income but it may take years before you see passive income.
What passive income ideas can I start today?
You can make passive income by renting out your belongings and making money on Airbnb, Getaround and Turo. You can also make passive income by starting a print-on-demand store like Redbubble or Society Six.
How do you create a passive income stream?
You can create a passive income stream by investing in dividend-paying stocks or Real Estate Investment Trusts (REITs). You can also start an affiliate marketing blog to promote products and services that you use and believe in.
A passive income idea that doesn’t require much work is to start selling products on Amazon. There are many different ways you can make money with this, so we recommend checking out their website for more information!
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Conclusion – 28 passive income ideas for students passive income ideas for students
If you’re looking for passive income ideas as a college student, there are many different options to choose from and try.
You can make passive income by investing in dividend-paying stocks or Real Estate Investment Trusts (REITs). You can also start an affiliate marketing blog to promote products and services that you use and believe in.
You can make passive income by renting out your belongings and making money on Airbnb, Getaround and Turo. You can also make passive income by starting a print-on-demand store like Redbubble or Society Six.
If you’re looking to get started with passive income, we recommend checking out some of these passive income ideas for students!
We hope that this article has helped you learn more about passive income ideas for students and how to make money while in school.
Over to you
Have you ever made passive income while being a student? If so please share how you did it!
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About the Author
Don is a father, real estate investor, self-directed investor and a personal finance enthusiast. He also holds an MBA and loves to share his financial Journey with others.