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Passive Income Ideas For 2023 

Passive income is a great way to earn money without having to actively work for it. I know you've seen numerous Reels, Tiktok videos and YouTube shorts explaining how, where and what platforms to use to start a lucrative passive source of income. It’s important to remember that most passive income streams require some upfront work, but once they’re established, they can bring in a steady flow of cash. So what are the go-to avenues for making passive income in 2023? In this post we're going to go over the top ways to make that extra side cash this year. 

  1. Music and Photos: There are many platforms where you can sell your photos and music, such as Shutterstock, Getty Images, and AudioJungle. While it may take some time to build up a portfolio and start earning money, once you do, it can be a great source of passive income. Additionally, consider creating stock footage, which can also be sold on various platforms.
  2. Digital Prints: In addition to creating wall art prints, consider expanding your offerings to include other digital products such as printables, planners, and calendars. These types of products are in high demand and can be sold on various platforms like Etsy, Shopify, or your own website.
  3. Online Courses: Creating an online course can be a bit more time-consuming than some other passive income ideas, but it can also be very lucrative. Think about your area of expertise and create a course around it. Platforms like Udemy, Teachable, and Kajabi make it easy to host and sell your course.
  4. Digital Templates: In addition to excel sheets, consider creating templates for other software such as Canva, Photoshop, or InDesign. Templates can be sold on various platforms like Etsy or Creative Market. Additionally, consider offering customization services for an additional fee.
  5. Affiliate Marketing: While Amazon is a popular affiliate program, there are many other options out there. Consider joining affiliate programs for products and services that you already use and love. Some popular affiliate networks (where you can find tons of popular affiliate programs to join) include ShareASale, Commission Junction, and Rakuten Marketing.
  6. Air BnB: In addition to renting out your property on Airbnb, consider other rental platforms like VRBO and HomeAway. Additionally, consider renting out your car on platforms like Turo or Getaround.
BONUS! Dividend Investing: Dividend investing is a type of passive income where you invest in stocks that pay out dividends on a regular basis. While it does require some upfront investment, it can be a great source of passive income in the long run.


Remember that the key to successful passive income streams is to find something that you enjoy and that aligns with your skills and interests. Start by listing out all of your unique skills and focus on whichever category listed above is going to be the most effortless and easy for you to launch. It may take some time to build up your passive income streams, but with patience and persistence, you can create a steady flow of cash that will support you for years to come!

Need some extra assistance with getting your affiliate program up and running? Allow my team to help through options from done-with-you coaching, to training, to done-for-you management services. Schedule a call today! 

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