3 ways to make passive income this holiday season (2024)

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3 ways to make passive income this holiday season (2)

For most people, the holidays are a time for relaxation and spending time with family and friends. You can use this month to make some extra cash, though – without giving up any of your downtime. There are plenty of ways to earn passive income over the holidays that won't require you to give up your vacation. If you wind up spending a little bit more than you wanted to over the holidays, this is the perfect way to earn some of it back and go into January feeling confident in your finances.

One easy way to earn passive income over the holidays is to take paid surveys. Get started now!

3 ways to make passive income this holiday season

No one wants to give up their time off over the holidays, but that doesn't mean you have to completely give up on the grind. Here are four simple ways you can earn passive income without spending too much time – or even getting out of your pajamas.

Take online surveys

Companies are constantly looking for data from consumers to drive their business decisions. They want data so badly, in fact, that they will pay consumers directly for it. All you have to do is fill out surveys about your consumer choicesand spending preferences and the companies will pay you for it.

This could be the simplest way to make money from home over the holidays. Just get out your phone or computer while your family is watching Elf – or Home Alone, or whatever your holiday movie of choice is – for the hundredth time, and start filling out some surveys. You'll earn some extra cash without leaving the sofa, and you won't have to feel guilty about buying those extra stocking stuffers or having had an extra drink at a holiday happy hour.

Start getting paid to take online surveys now.

Sell your old things online

Here's a classic holiday tale – you head home to your parent's place for the holidays, and they ask you to look through your things as they need more storage space. Normally, this would be a chore, but you can turn it into a money-making opportunity.

Whether it's old action figures or vintage clothes, there's a good chance you can sell some of your old stuff online to people who will appreciate it. All you need to do is set up an account on eBay or any other resale site, take pictures and list your things. You may have to pay for shipping, but you can still turn a tidy sum if you have some attractive things to sell.

Even if you aren't going home for the holidays, you can clear out space in your own house for your new Christmas or Hanukkah gifts by selling your old clothes or toys your kids have outgrown online.

Pet or house-sit

If you don't have plans this holiday season, take advantage of your lone wolf status by taking care of someone else's home and/or pets while they are out of town. This one takes a bit more work than some of the other options – you'll have to feed and walk an animal if that's the option you choose. If you're bummed out about being alone over the holidays, though, the company of a furry friend could be just what you need. There are myriad online services to match with potential house and pet-sitting clients, so start looking now.

The bottom line

Just because you are on vacation doesn't mean you have to stop hustling. You can use the holidays to make some extra money that you can spend on gifts or fun holiday activities – or just to pad your bank account heading into the new year. There are ways to make extra money that don't require you to leave the house or get off the couch, including taking paid surveys. All you need is a computer and a desire to make some money.

Ben Geier

Ben Geier is a personal finance writer based in Brooklyn, New York.

3 ways to make passive income this holiday season (2024)

FAQs

What is passive income & How can you earn it give three examples? ›

Passive income is a steady stream of unearned income that doesn't require active traditional work to maintain. Common ideas for earning passive income include investments, real estate or side hustles.

How to create a passive income in the UK? ›

Asset sharing: selling or renting out assets you own, such as your house or car. Asset building: including the addition of revenue-generating affiliate links to a blog or website, or selling resources such as ebooks, educational content, music and photos online.

How did you make passive income? ›

Under their definition, passive income can come from things like financial investments—such as stocks, mutual funds, and royalties—or owning a rental property. In this article, we'll go deeper into what qualifies as passive income and offer some ideas you can try to start earning.

What is an example of a passive income? ›

Passive income is money that doesn't take much time or effort to make and you don't earn it from a traditional job. It can include earnings from rental properties, dividends from stocks, selling courses online, and other projects where you're not involved in the continued generation of revenue.

What is the easiest form of passive income? ›

29 passive income ideas
  • Start a dropshipping store.
  • Create a print-on-demand store.
  • Sell digital products.
  • Teach online courses.
  • Become a blogger.
  • Sell handmade goods.
  • Run an affiliate marketing business.
  • Sell stock photos online.
Mar 20, 2024

How to make 40k a year from home? ›

Work From Home $40,000 jobs
  1. AI Content Writer. Urgently hiring. ...
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How do you create 7 streams of income for passive wealth? ›

7 Streams of Income You Should Consider
  1. Dividend Income. Dividend income is a popular way for people to generate passive income and is often preferred by those who are looking for more stable and predictable returns on their investments. ...
  2. Rental Income. ...
  3. Interest Income. ...
  4. Capital Gains Income. ...
  5. Royalty Income.
Jan 22, 2024

What is the highest paying passive income? ›

Best passive income ideas for 2024
  • Bonds and bond funds.
  • High-yield savings account.
  • Dividend stocks.
  • Rental properties.
  • Real estate investment trusts (REITs).

How to make 2k passive income? ›

Wrapping up ways to make $2,000/month in passive income
  1. Try out affiliate marketing.
  2. Sell an online course.
  3. Monetize a blog with Google Adsense.
  4. Become an influencer.
  5. Write and sell e-books.
  6. Freelance on websites like Upwork.
  7. Start an e-commerce store.
  8. Get paid to complete surveys.

How to earn money on TikTok? ›

Table of Contents
  1. Join the TikTok Creativity Program/ Creator Fund.
  2. Run TikTok ads.
  3. Collect tips or donations.
  4. Collaborate with a creator.
  5. Try affiliate marketing.
  6. Grow and sell TikTok accounts.
  7. Publish sponsored posts.
  8. Create a Patreon account.

How to make 10k a month? ›

In this article
  1. Sell Private Label Rights (PLR) products.
  2. Start a dropshipping online business.
  3. Start a blog and leverage ad income.
  4. Freelance your skills.
  5. Fulfillment By Amazon (FBA)
  6. Flip vintage apparel, furniture, and decor.
  7. Become an influencer and use affiliate marketing.
  8. Start an Etsy shop.
Feb 23, 2024

What is meant by passive income? ›

Passive income is money that you don't have to actively work for; it comes in from something that already exists and continues to work for you. While active income is earned by working a job or owning a business, passive income is earned without having to work too much for it on an ongoing basis.

What is an example of active and passive income? ›

Active income, generally speaking, is generated from tasks linked to your job or career that take up time. Passive income, on the other hand, is income that you can earn with relatively minimal effort, such as renting out a property or earning money from a business without much active participation.

How passive is passive income? ›

Passive income is a type of regular income earned without working for an employer or job. It doesn't require any active work where you're receiving money in exchange for a service performed. Another way to think about passive income vs. active income is as rent vs. wages.

How to make 1000 passive income a month? ›

Passive Income: 7 Ways To Make an Extra $1,000 a Month
  1. Buy US Treasuries. U.S. Treasuries are still paying attractive yields on short-term investments. ...
  2. Rent Out Your Yard. ...
  3. Rent Out Your Car. ...
  4. Rental Real Estate. ...
  5. Publish an E-Book. ...
  6. Become an Affiliate. ...
  7. Sell an Online Course. ...
  8. Bottom Line.
Apr 18, 2024

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