Five easy ways to earn passive income online in 2024

As Nigerians battle rising living costs and unpredictable job markets, the quest for extra income has never been stronger. [ad] Many are now turning to creative ways to make passive income—ways that...

Published 29 Oct 2024

By Musa Adekunle

Young Black Man Working On Laptop In Bright Minimalist Office | Image: Stocksy

As Nigerians battle rising living costs and unpredictable job markets, the quest for extra income has never been stronger.
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Many are now turning to creative ways to make passive income—ways that allow them to earn a little extra without constantly putting in effort.

Here are six income ideas you can try out:

1. Rent out your extra space
Do you have an extra room, a flat, or even some yard space you rarely use? Renting it out could be a brilliant way to bring in passive income. Several apps make it easy to list your space and start earning.
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In today’s market, anything you can rent out for extra income is an asset.
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2. Market your skills on LinkedIn services

LinkedIn isn’t just for networking; it’s become a go-to spot for freelancers and consultants to advertise their skills in exchange for cash. This ‘Services’ feature connects people looking for specific skills like writing, coaching, or graphic design with those who offer them. While you might need to invest some time in building a top-notch profile, once it’s live, potential clients can reach out to you directly. Think of it as setting up a digital store that can earn you money even while you’re offline.
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3. Sell your photography skills

Vlogger recording content for her blog on a DSLR camera

Have a decent camera or even a smartphone with a great lens? Some sites allow amateur and pro photographers alike to upload and sell images. You get paid every time someone downloads your work, which could be the perfect set-it-and-forget-it opportunity for some extra cash.

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4. Get paid for your opinions with online surveys

Believe it or not, your opinion is worth the money. Some sites pay for genuine feedback on products and services. All you need to do is sign up, answer questions, and let the rewards add up. It’s a fun, easy way to let your thoughts earn a little extra for you.
5. Publish an eBook
Do you have a knack for storytelling or expert knowledge in a certain field? Publishing an eBook can be your way to build passive income with just a few clicks. It’s a great way to make your words work for you over time.

So, as you go about your regular activities, consider putting these side hustle ideas to work and watch your income streams flourish.
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