In today’s day and age, there are a variety of ways to earn passive income online. What is passive income? Essentially passive income is what occurs when you receive continuous income for work that you’ve completed in the past. It’s different from traditional income, because you are no longer trading your time for money, rather, money flows in without continued effort.
If passive or residual income is something that you seek, we have 3 ideas that you likely have not thought of yet. These unique ideas can allow you to create an ongoing stream of income after the work is complete.
- Earn with Referrals
Referring friends to join the Lootup rewards platform can have long term earning potential. Let’s say you sent out your unique referral link to 50 of your friends and now 10 of them have signed up and are actively using the platform to take paid surveys, play games, etc. As soon as a new user joins Lootup through your referral link, you will automatically receive a 10% bonus of their rewards. So if your referral earns 4,000 Lootup Points through a paid survey, you will automatically receive 40 points from that payment without taking any action. These referral commissions can add up quickly over time. If you refer over 500 new users to join Lootup, then you will begin to earn 15% of their lifetime earnings. These earnings would come into your Lootup account regardless of the time you spend on Lootup, as long as your referrals are active. All your referral reward points can be redeemed for cash, gift cards, or cryptocurrency, just like your normal reward points. This is a major earning opportunity and we invite you to take advantage of it by sharing Lootup with others. If this sounds like an efficient way to earn extra cash, go ahead and start reaching out to your friends and family, or anyone who you think would like to make extra money online from anywhere! Retrieve your unique referral link here: https://lootup.me/referrals.php
- Become a Hideout Content Creator
Content creation is something that many people aspire to do on major platforms such as YouTube and TikTok, but did you know that you can also get paid to become a content creator on Hideout? The Hideout rewards platform allows users to watch videos and earn rewards by watching them, but the creators of these videos also have the opportunity to earn income as well! Create and share your unique content, then let the views flow in. The more views your videos get, the more you’ll continue to get paid for that content. While views continue to grow over time, you can continue to enjoy a long term paycheck based on the activity of viewers watching your content. If there is a topic you’d like to talk about, or you feel that video creation might be up your alley, this is something to consider! Learn more about uploading content to Hideout here: https://hideout.co/uploadVideo.php
- Earn money on every day tasks
Play games, watch videos, earn cash back through your everyday shopping purchases, and so much more. So perhaps this suggestion doesn’t match the exact definition of passive income, but consider this; if you earn money for doing things you were going to do anyways, is it really work? Think about how often you complete the following activities:- Do you watch videos?
- Do you play games on your phone?
- Do you make daily purchases?
If you answered yes to any of these, then the next question is, did you get paid for it? That is where the hidden opportunities present themselves. With Lootup, you can earn rewards by watching videos and playing games. You can also get cash back from shopping at over 50,000 shops online, including many major retailers. Keep this in mind as you go about your day completing the tasks you enjoy. At the end of the day, if you’ve earned extra money, that is a huge bonus. Get started for free at Lootup.me!