These can be IOS or Android icon stickers, backgrounds, fonts, and pretty much anything else that is digitally distributed.ĭigital products are great for various reasons: The first, and one of the most popular sources of passive income, is selling digital products.ĭigital products can take any form. In this article, we're talking about the 11 best passive income ideas to generate $1000 or more per month and build long-term wealth.Ī lot of these ideas will require upfront work, however, I'm going to explain how a little effort can turn these into completely automated engines of passive income. There are only a few *real* passive income streams one can use to generate wealth without needing your intervention.
Unfortunately, the world's perception of passive income is flawed - most 'passive income' ideas are not really passive.Ī passive stream of income, by definition, is a source of revenue that can operate completely without your intervention.Ī lot of the ideas you may read about on other blogs or find on YouTube require some level of intervention. Imagine sitting at home, sleeping, going out all day, and doing everything you love all day while earning money in the back. 11 Best Passive Income Ideas To Generate $1000+ Per Monthīuilding streams of passive income is a dream a lot of people would love to have.