3 Passive Income Ideas That Will Make You Money While You Sleep.

Whether you’re trying to save up money for something special or attempting to build an empire, passive income is something that could help you achieve that goal.

The average millionaire is estimated to have seven streams of income. That doesn’t mean seven jobs. Most millionaires have figured out additional streams of income other than their mainstream.

Here are a few passive income ideas to help you build up your personal wealth.

1. Earn money by redeeming money on your everyday purchases.

When you use Swagbucks, you earn points for shopping you’re already doing online from places like Amazon, Walmart and Starbucks. Plus, earn extra points for watching videos about a variety of topics, browsing the web and answering surveys. You can then redeem those points for gift cards to your favorite stores or get cash back via PayPal.

Just like Swagbucks, with InstaDollar you can earn residual income for doing stuff online that you already do, though you also get paid for doing a wider variety of tasks that you do with Swagbucks like checking email and playing games. Overall, the concept and reward structures are nearly identical. With InboxDollars, you do get a £5 sign up bonus, but you won’t be able to collect it until you build up £30 worth of rewards.

2. Make Your Car Work For You

Another daily activity you can turn into passive income is driving.

If you’re already driving around to run errands, why not pick up a passenger or two? Driving your car with Uber will help you make money by driving people to their assigned destination.

You can also place advertisements on your car to earn money while you’re driving around.

If can even make money when your car is not being used while you’re on vacation, traveling or just during a typical workday. You can make thousands of dollars by renting out your car while you’re not using it.  

3. 

If you have a spare bedroom, you can rent out your room through Airbnb. It is totally up to you when the room is available, what the daily rate is and you make the rules for your guests.

A great way to make money while you’re on vacation or out of town is renting out your whole place on Airbnb.

It might feel weird leaving your space in the hands of strangers but luckily Airbnb has up to one million dollars of insurance in case something goes wrong. There’s also a rating system, so you can review the renter’s reputation before letting them rent your place.