9 Ways to Generate Passive Income: Tips from YouTuber Ali Abdaal

Passive income has become a popular topic in recent years, with many people looking for ways to make money on the side without putting in continuous effort. YouTuber Ali Abdaal claims to make nearly $30,000 every week with his passive income strategies, and he shared nine ways to get started.

According to Abdaal, investing in stocks and shares is the easiest way to make passive income. By simply taking money that would be sitting in savings and investing it for a greater return, you can start earning money on the side.

Starting a YouTube channel is another popular way to generate passive income. While it may seem easy, the real challenge lies in building a large enough audience to make a significant income from the platform.

Podcasting is another option for passive income, with Abdaal noting that it is even easier to start than a YouTube channel. Growing the number of listeners is the main challenge, but brand deals can help podcasters make money.

Affiliate marketing, selling digital products, creating online courses, building membership communities, automating a business, and building apps or websites are all additional ways to generate passive income.

Whether you’re looking to make a little extra money on the side or build a significant stream of passive income, there are plenty of options to explore. With the right strategy and dedication, you could be on your way to earning money without putting in continuous work.