Thinking of making passive income as a student along with studies? Wondering which are effective passive income ideas for students?
In my current blog, I’m going to share how students can make passive income by exploring amazing online opportunities.
15 Best Passive Income Ideas for Students that You Shouldn’t Miss
Start implementing these ideas from today to make money as a student-
Sell Photos and Videos on Stock Photography Platforms to Earn
You can submit the images that you have clicked to stock photography sites. Whenever people download the pictures you will earn a commission.
Clicking the picture involves a one-time effort but you are going to earn passive income from it. For example, if you are interested in nature photography then you can click pictures of trees, flowers and earn passive income from stock photography websites.
Earn Passive Income from YouTube Shorts
As a student you can make YouTube shorts and earn passive income.
Choose a particular niche for your channel and start uploading shorts. You can earn passive income by monetising your YouTube channel by Google AdSense.
Sell Useful Online Courses to Make Money as a Student
Due to the penetration of internet and technology students and youngsters are interested in online courses to learn new skills. So, as a student you can create online courses by understanding the needs of youth to earn passive income.
You can sell your online courses on Udemy and earn money with each sale.
Show Your Creativity and Make Digital Designs on T-Shirts to Earn Money
As you are a student you know much about new trends and fashion. So be more creative and make designs on t-shirts online. There are some websites where you can sign up for free. Then create attractive designs on plain t-shirts and publish.
If people order that t-shirt then they will print and deliver the product. You don’t need to worry about printing and delivery. Thereby you will earn your profits.
Publish Your Own Blog to Earn Passive Money
Whenever people need any type of information they Google it and read blogs on the internet. So, there are a lot of opportunities for students in blogging to make passive income.
You can write blogs about the topics in which you have more knowledge. There are many ways to monetize your blog like- advertisement, selling your own products, sponsorships etc.
Create a Long Form Videos on YouTube and Monetise
You may encash your skills and talent by creating a long form of content on YouTube as a student.
For example, you may have skills like dancing, drawing, and teaching your favourite subject. So, you can create long form content in such a niche and monetise your videos to earn passive income online.
Publish an eBook as a Student to Make Passive Income
Select a topic in which you have a good knowledge and experience to write an eBook. Writing an eBook and earning passive income is a great opportunity as online readers are increasing rapidly.
You can publish your eBook on different online platforms like Amazon, Instamojo etc.
Digital Products Can Be Great Source of Passive Income for Students
Digital products like printable art, templates, graphic templates, etc are in demand. You can create such digital products and sell them online to build a passive income source for yourself.
You can create your eCommerce site or join platforms like Etsy to sell your digital products.
Encash Your Hobbies as a Student and Earn Passive Money
These days you can encash almost any hobby that you have. For example, if painting is your hobby then you can create an online course regarding it and earn money from it.
Use platforms Udemy to sell DIY related courses and earn money.
Publish Vlogs to Get Passive Income as a Youngster
If you love exploring and traveling to different cities as a student then record vlogs to upload on social media. You can earn passive income as a travel vlogger.
There are many options to monetise your travel vlogs. Such as sponsorship from brands, affiliate marketing, etc.
Create Useful and Valuable Mobile Apps to Earn Passive Money
Many students are fascinated about technology, coding, apps. So, if you have an idea to create a mobile application that could help people then you can earn passive income from it.
You need to create an app and upload it on play stores. Implement many ways to monetise your app such as Google Adsense, monthly subscription, sponsorships, etc.
Invest Your Pocket Money Smartly as a Student to Earn Passively
Learn the concept of compound interest and start to invest your money as a student. Making money from money is an effective source of passive income.
You can learn fixed deposits, mutual funds etc. Then invest your pocket money for a longer period of time.
Earn from Affiliate Marketing
Affiliate marketing is a huge passive income source if you do it in a smart way. And you do not need any product to sell here. You just need to promote other products that are already popular in the market.
You can join many affiliate programs like the Amazon affiliate program. Then you can share the link to the product. Whenever people buy products through your unique link you will earn a commission.
Earn Money by Renting Out Your Books as a Student
This passive income idea may look very simple but still, you can earn passive income by renting out your books to your juniors. You will get so many juniors in your school or college so don’t miss this opportunity to earn passive income as a student.
By this, you can earn more than your pocket money if you practically implement this idea.
Sell Your Own Music on Different Online Websites to Earn Recurring Revenue
Stock music websites are similar to stock photography sites. If you like composing music then start monetizing this skill. There are many YouTubers and organizations that look for music for their content.
When you upload your music on stick music websites you people will buy it if they like. This way you can earn passive income whenever people download your music.
I hope now you have gained clarity about how to make passive income as a student. Explore all these money making opportunities in your student life along with your academics.