Ramit Sethi’s Top 16 Passive Income Ideas for 2024
Ramit Sethi, a well-known financial expert, recently shared his top 16 passive income ideas for those looking to boost their income in 2024. These ideas range from writing and publishing eBooks to creating online courses, starting a podcast, affiliate marketing, selling stock videos and photos, and more.
One of the suggestions Sethi made was to write and publish eBooks. He emphasized the importance of knowing your audience and understanding their needs to create a successful eBook. By becoming an expert in a specific niche and publishing on platforms like Amazon, individuals can build their brand and increase their reach and sales.
Another idea Sethi proposed was creating online courses. If you have expertise in a particular niche, you can develop and sell courses online. By understanding your audience and marketing your courses effectively, you can establish yourself as a go-to resource in your field and generate passive income over time.
Additionally, Sethi recommended starting a podcast as a way to earn passive income. With dedication and commitment, individuals can build a loyal fanbase and monetize their podcast through advertisements, sponsorships, and exclusive content for premium followers.
These are just a few of the passive income ideas Sethi shared in his recent article. By exploring different avenues such as affiliate marketing, dropshipping, renting out belongings, investing in dividend stocks, real estate, and more, individuals can find ways to increase their income in 2024.
For more details on Ramit Sethi’s 16 passive income side gigs, you can read the full article on GOBankingRates.com.