7 Passive Income Streams You Can Start Today

Steve
7 min readSep 17, 2024
A person sitting at a desk surrounded by icons and symbols representing various forms of digital income streams such as YouTube videos, affiliate marketing, cryptocurrencies, graphs, and social media, illustrating the idea of making money online.
Illustration by Steve — Follow me on Medium: Steve

Ever dreamt of making money while you sleep? You’re not alone. The allure of passive income has many of us searching for ways to earn extra cash without constant effort. But where do you begin?

I’ve explored various passive income streams myself, and I’d like to share some that anyone can start today. These methods have worked for me, and they might just work for you too. If you have something even better, feel free to share it so others can benefit as well — I’d be glad to hear your insights!

An illustration of people working on laptops, connected by dotted lines with floating dollar symbols, representing the concept of peer-to-peer lending and the flow of money between individuals.
Illustration by Steve — Follow me on Medium: Steve

1. Peer-to-Peer (P2P) Lending

“Can lending money to others actually make me money?”

I asked myself this question a few years ago.

What Is P2P Lending?

  • Direct Loans: You lend money to individuals or small businesses through online platforms.
  • Interest Earnings: Borrowers pay you back with interest over time.

Platforms I’ve Used

  • Mintos.com: A global marketplace for investing in loans. It offers a variety…

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Steve

🌏 Lover of travelling, ✍️ storytelling, 🍣 good food, 💰 finance topics, and 🎌 Japanese culture.