Sammie Ellard-King
I’m Sammie, a money expert and business owner passionate about helping you take control of your wallet. My mission with Up the Gains is to create a safe space to help improve your finances, cut your costs and make you feel good while doing it.
Nowadays, many people are looking for ways to supplement their income from their full-time job and make money while you sleep.
With an increased cost of living and better access to tools that allow you to subsidise your income, more people are interested in passive income than ever before.
Growing your income can help you live a better life, and for some people, one income is just not enough to supplement the life they need or want.
By putting aside a few hours each week, you can create small businesses that develop into income machines.
This guide will look at eight ways to make money while you sleep. So, if you want to find out more, keep on reading!
Table of Contents
The best ways to make money while you sleep?
For me the best ways are courses, blogging and digital products.
It’s something I’ve built into my business and I love it because the work is done upfront and then if you’ve done it right the sales start to roll in.
Businesses that make money while you sleep are hard to come by. They often require a lot of upfront effort but if you’re willing to go the extra mile then wow they can earn you 10x what your day job does.
1. Write An Ebook
As an author, being published is a pretty big deal. But thanks to technology, it is now pretty easy to get published without a book deal. How? Well, via an ebook.
If you’ve ever read a digital version of a book that technically is an ebook. It’s a digital book that exists without the need for its physical form.
Publishing an ebook is pretty straightforward, and if you promote it right can make you a decent amount of passive income.
If you are somebody who already enjoys writing and are knowledgeable about a topic, then you can pop it into an ebook and begin your journey.
There is a wide range of different ebooks that you can write, from informational pieces to short fiction stories.
For example, if you enjoy fiction, then publishing your own short stories could be a good place to start. Creative writing is consumed by people all over the world every day.
If you’re going to write more of an informational book, then it’s important to research your topic deeply to ensure you’re covering it correctly. Look for an issue your audience creates and provide them with a solution.
Once you’ve got your ebook, you can publish it on sites like Kindle, or you can set up a website via Shopify and promote your book yourself.
The beauty of a the ebook is that once it’s done you can sell it an infinite amount of times as there is no stock to worry about!
Sale! Investing For Beginners (eBook)
Original price was: £15.99.£9.97Current price is: £9.97.
This book gives you everything you need to become a confident investor.
Together we’ll explore the types of investments available, different styles of investing, how to manage risk, common mistakes and how to build a portfolio with any amount.
2. Print On-Demand Products
Loads of people all over the world now make a steady stream of secondary income through selling products on online platforms, such as Etsy. One of the easiest ways to do this is to print on-demand products.
If you are quite an artsy person, then this might be the perfect passive income for you. Simply create some designs in your spare time, and then you can get them printed across a range of different products.
Lots of people choose to print on-demand phone cases, t-shirts, and mugs. But, if you want an easier route, then selling prints is very popular too.
Once you have your designs created and listed, then you can simply print them to order. Past the initial designing process, the effort required is minimal, and it can be a great way to make money alongside your 9-5 job.
3. Rent Out Spare Space
If you own property, then renting out spare space is a great way to make passive income. There are lots of different spaces you can rent out, and you will be surprised at the demand for these things.
If you live near the beach or in the city centre, then leasing a room in your home on websites such as Airbnb can be a great way to make money.
Simply make sure the room is clean and tidy, take some photos, create an Airbnb account, and then you can list the room. If you decide to go down this route, you should do your research to find out how many rooms in your area are usually listed for.
Alternatively, if you live in the city centre and have a parking space that you don’t use, you can also rent this out.
People are constantly looking for places to park, and there are lots of different websites where you can list your unused parking space for the money.
4. Start A Blog
Blogging regularly features in TV shows and films, but it is also a great way to make money through passive income, especially if you go down the affiliate marketing route.
Starting a blog does however take time and you can expect to start earning income from a blog after 12 months of solid work.
Blogging isn’t all passive as you will need to maintain your blog to keep revenue coming in but it will earn you money 24 hours of the day.
Thanks to platforms such as WordPress, creating a website for your new blog is nice and simple, then all you need to do is create the content.
Creating content can be very tedious, however if you centre your blog around a topic that you like, then the process will be a lot more pleasant.
Sign up for an affiliate marketing program, and you will be able to make money every time people visit your blog.
We’ve written a post all about starting a new blog.
5. Build An App
There was a time when you had to be a real tech whizz to make an app, but now this process is a lot easier.
There are all sorts of platforms that you can use to help you build your app, and as long as you keep the idea simple, then the process should be fairly straightforward.
Some of the best performing apps financially are extensions to existing apps. Such as apps that provide fun filters for your camera that you can use with messaging apps.
But one of the easiest routes is to choose a game. Just think about how successful Flappy Birds was, and how simple that app was in principle.
Building an app is a great way to make passive income, but it is only a good route if you already have an idea in mind. Otherwise you might waste a lot of your time brainstorming.
6. Create An Online Course
If you are an “expert” in your field, then creating an online course could be a great way to make passive income.
Online courses are becoming more and more popular by the day, and people are willing to purchase courses in a wide range of topics.
However, it also takes a lot of time, so you should bear this in mind before going down this route.
7. Licence Your Photos
One of the easiest ways to make money online is to licence your photos.
The amount of money that exists in the stock image market will surprise you, so if you are somebody who regularly takes photographs, this is likely the best passive income route for you.
If you take a lot of photos, then it is likely that you will already have the images ready to licence. Simply create an account on a stock imagery website, and upload your photos.
Then every time that that image is used, you will get paid royalties.
The royalties do tend to be small figures, but overtime this can really add up and generate a substantial passive income.
8. Sell Digital Photos
We mentioned earlier about selling prints through online platforms, like Etsy, but you can also sell digital prints too.
Selling digital prints is one of the easiest options because once you upload the prints to the site, you don’t really need to do anything.
The print will automatically be sent to the purchaser when they buy it, and the money will enter your bank account.
Of all the different options we have looked at, this is one of the most passive ways to make money.
FAQs
Best apps that make money while you sleep?
There are several apps available in the UK that can help you generate income while you sleep. Here are a few to consider:
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Trading 212: This is a stock trading app that allows you to buy and sell shares from a variety of companies. If you invest wisely, you can earn money from dividends and stock price increases.
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Airbnb: If you have a spare room or a second home, you can list it on Airbnb to generate some passive income.
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RateSetter: A peer-to-peer lending platform where you can lend money to individuals and businesses in return for interest.
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Etsy: If you’re crafty, you can create products and sell them on Etsy. Once you have your shop set up and your products listed, sales can come in while you sleep.
Remember, while these apps can generate income, they also involve risk. Always do your due diligence and understand the risks before investing your money.
How can I make money without leaving my bed?
Making money without leaving your bed is possible in today’s digital age. Here are some suggestions that you can consider:
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Freelancing: If you have a marketable skill like writing, graphic design, or programming, you can use freelancing platforms like Upwork or Freelancer to find work that you can do from your bed.
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Online Tutoring: You can teach a subject you’re good at, or teach English to non-native speakers through platforms like iTutorGroup or Preply.
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Remote Work: Many companies hire remote workers for a variety of jobs, from customer service to social media management.
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Online Surveys: Websites like Prolific or YouGov pay for your opinions on a range of topics.
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Writing and Selling Ebooks: If you’re knowledgeable about a particular topic, or you have a story to tell, consider writing and selling an ebook on Amazon.
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Stock Trading or Investing: Apps like Trading 212, Moneybox, or Freetrade allow you to trade stocks and make investments right from your bed.
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Affiliate Marketing: If you have a blog, YouTube channel, or social media account with a large following, you can earn money by promoting products for companies.
How do I make money while I sleep?
Earning money while you sleep involves creating passive income streams that require minimal active effort. Here are some strategies:
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Investing in Stocks and Bonds: Investments in the stock market or bonds can yield dividends and interest over time. Apps like Moneyfarm and Wealthify can help here.
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Real Estate Investment: Buying rental properties can provide a steady income stream. Real estate crowdfunding platforms like Fundrise or RealtyMogul offer an entry point for those who cannot afford to buy properties outright.
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Peer-to-Peer Lending: Platforms like Prosper or LendingClub allow you to lend money to others in return for interest payments, providing another form of passive income.
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Creating a Blog or Website: If your blog or website gains traction, it can earn income through affiliate marketing, sponsored posts, or advertisements.
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Publishing eBooks: If you have a knack for writing, publish an eBook on a platform like Amazon Kindle Direct Publishing. After the initial effort of writing, you can earn a profit for each copy sold.
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Creating Online Courses: Platforms like Udemy or Coursera allow you to create and sell courses on subjects you’re knowledgeable about.
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Starting a YouTube Channel: Once you gain a significant number of followers, you can make money on YouTube thorugh ad revenue, sponsorships, or merchandise sales.
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Affiliate Marketing: If you have a large online following, you can earn commissions by promoting products from companies.
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Developing an App: If you have programming skills, create an app, and earn money through in-app purchases or ads.
These methods typically require an initial investment of time, effort, or money, but they can generate income while you sleep once they’re established.
Summary
In short, there are lots of different ways that you can make money while you sleep.
For us the best way to make money while you sleep is through things you do online like blogging, digital products and courses. These are the most profitable ways to make money that we’ve listed.
In this guide, we have taken a look at 8 different passive income routes that can help you make money with minimal effort.
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Disclaimer: Content on this page is for informational purposes and does not constitute financial advice. Always do your own research before making a financially related decision.
