passive income
Money while sleeping
Passive income is money earned with minimal ongoing effort, typically from investments, rental properties, royalties, or automated businesses.
The term appeals to those seeking financial independence: She built passive income streams through dividend stocks and real estate.
In practice, most passive income requires substantial upfront work or capital, making the "passive" somewhat misleading.
Granting official permission
- copyrightExclusive reproduction rights
- patentsExclusive rights to inventions
- music rightsLegal ownership of compositions
- residualsOngoing compensation for rebroadcasts
publishing rights · performance rights · trademarks · intellectual property · streaming royalties · syndication · reruns · franchise fees
Land and its structures
- rental propertiesLeased real estate holdings
- index fundsSecurities mirroring market indices
- REITsPooled property investment vehicles
- bondsTies that unite
ETFs · peer-to-peer lending · annuities · crowdfunding · cryptocurrency · high-yield savings · mutual funds · tax liens
Paid recurring access
- rentalPaid temporary use
- leasingContractual temporary use
- advertising revenueEarnings from selling promotions
- membership feesPayments for belonging
retainer · licensing fees · interest payments · pension · mineral rights · ground rent
Internet-based instruction programs
- e-booksElectronic publications
- print on demandManufacturing triggered by purchase
- bloggingWriting online regularly
- podcastingCreating serialized audio content
affiliate marketing · dropshipping · templates · webinars · software sales · NFTs
Capacity for growth
- systemsOrganized sets of elements
- outsourcingThird-party task delegation
- delegationTransferring responsibility downward
- e-commerceInternet-based buying and selling
fulfillment · autoresponders · sales funnels · virtual assistants · hands-off · turnkey · set-and-forget
licensing
Granting official permission
- copyrightExclusive reproduction rights
- patentsExclusive rights to inventions
- music rightsLegal ownership of compositions
residuals · publishing rights · performance rights · trademarks · intellectual property · streaming royalties · syndication · reruns · franchise fees
real estate
Land and its structures
- rental propertiesLeased real estate holdings
- index fundsSecurities mirroring market indices
- REITsPooled property investment vehicles
bonds · ETFs · peer-to-peer lending · annuities · crowdfunding · cryptocurrency · high-yield savings · mutual funds · tax liens · limited partnerships
subscription
Paid recurring access
- rentalPaid temporary use
- leasingContractual temporary use
- advertising revenueEarnings from selling promotions
membership fees · retainer · licensing fees · interest payments · pension · mineral rights · ground rent
online courses
Internet-based instruction programs
- e-booksElectronic publications
- print on demandManufacturing triggered by purchase
- bloggingWriting online regularly
podcasting · affiliate marketing · dropshipping · templates · webinars · software sales · NFTs
scalability
Capacity for growth
- systemsOrganized sets of elements
- outsourcingThird-party task delegation
- delegationTransferring responsibility downward
e-commerce · fulfillment · autoresponders · sales funnels · virtual assistants · hands-off · turnkey · set-and-forget
- extra incomeside hustle, side job, freelancing, gig work, moonlighting
- investing topicsstock tips, mutual funds, index funds, value investing, growth investing
- financebank, CFO, banks, controller, finance
- financial termswealth, asset, currency, balance sheet, audit
- personal financesavings, credit, investments, bills, auto insurance
- financial meansmoney, earnings, salary, wages, cash
passive incomeactive income
Money from direct labor
earned income · sweat equity · working for a living · manual labor · hustle
passive incomesalary
Fixed periodic employment payment
wages · paycheck · employment income · hourly pay · billable hours
income, passive, incoming, incomes, passivity, passively, passiveness