How to Make $1,000+ a Month Online From Home

 

With these three passive income streams.


Many people want to make money online, but they don’t have a lot of time and energy to devote to a side hustle.

For example, they might be working a full-time job or they might already even have a side hustle, in addition to a regular job.

That’s where a passive income stream can provide people with a way to earn money online, but without having to spend a lot of time and effort to earn it, once they set up their “autopilot” business.

Here are some ways to generate $1,000+ a month in passive income online from home.

1. Affiliate Marketing

I consistently earn several hundred dollars a month in largely passive income from affiliate marketing programs. However, many successful affiliate marketers earn thousands a month.

For example, according to ZipRecruiter, the average affiliate marketer earns a stunning $12,892 a month in affiliate marketing income.

The key is to find an underserved market need (niche) that you can fill. In other words, offer your audience a valuable solution (through a product or service) to a critical problem they are trying to solve.

Many affiliate marketers start out by creating niche blogs and websites that focus on a single topic. Once they start generating decent traffic, they begin to monetize their content through partnerships with affiliate marketing programs.

Social media is another popular way to promote offers to your followers, especially if you have a lot of followers and are viewed as a trusted source of information.

2. Blogging

Blogging can be another great passive income source if you have something valuable to offer your audience. Similar to affiliate marketing, many of the top bloggers focus on a narrow niche.

For instance, instead of something broad like personal finance, they might focus on writing about credit cards, or maybe even something narrower, like travel credit cards.

There are several ways that you can generate passive income from blogging, but one of the most popular ways is by placing ads on your site. Google AdSense
Media.net
Amazon Native Shopping Ads
InfoLinks
Revcontent
WordAds (for WordPress websites and blogs)

It isn’t uncommon for top bloggers to earn over $1,000 a month in passive income from Google AdSense. But even if you don’t get approved for AdSense right away, you can still earn good money from the other ad networks mentioned above.

3. Kindle Direct Publishing

Another way that I generate passive income is from a few eBooks that I publish through Kindle Direct Publishing (Amazon).

According to the website ZonGuru, self-published authors on Kindle can make anywhere from $150 a month to more than $20,000 a month.

While I make it on the lower end of that scale, if you were a little more ambitious of a book writer, you could potentially earn a lot more money from book sales. So, generating $1,000+ a month in passive income from eBook sales is definitely doable.

With Kindle Direct Publishing, you can publish both eBooks and print-on-demand (hardback and paperback) books.

If you are writing nonfiction, the key is to know your topic well, so that readers will consider you a good, reliable source of information. If you are writing fiction, the key is to write entertaining stories that grab and hold your readers’ attention.