5 Passive Income Ideas with No Computer [Create Cash, Not Clicks]

The five easiest passive income ideas you can start without a computer and start making money fast. Want MORE? Check this out, 101 Side Hustle Ideas https://www.youtube.com/watch?v=nc5uAX2KR98&list=PLjsZ3KrTlZoz3p8DHrwOjE4oCLHjsDn7d&index=3

These side hustles might start out as a business but can easily become a source of passive income as you grow.

We’ve spent a lot of time on the channel talking about online income streams but the fact that everyone is online means a lot of these are tired and played out. Ironically, it’s now the offline side hustles that can be the easiest money you every make. There’s fewer competition in these old school ways to make money and you’ll be surprised at how fast they grow.

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I will warn you, some of these business ideas have some start-up costs. That no start-up business model is what I love about the new online world. Traditional businesses though cost money to buy equipment, property or marketing. If you can scrape the money together to get started though, there’s a lot of opportunity in these five ideas.

Don’t have any money and want to try those no-cost online side hustles instead? Check out these videos for my favorites. https://www.youtube.com/watch?v=jnyLDuK3WEo&list=PLjsZ3KrTlZowV2MGDvXlXOsI8aXQxR8Rl&index=3

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Our first passive income idea is a mix of the old economy and the new…the shared economy. You can ‘share’ just about anything these days and it doesn’t mean you loan it out without making money. Sharing just means you let someone else use it for a fee. Think multi-billion dollar businesses like Uber and AirBnB.

While this one won’t cost anything upfront, you might want to increase your inventory of stuff to share eventually to make even more money. You’ll also need a way to charge people if they don’t return your items.

Vending machine businesses have been one of the most popular on YouTube lately and there’s a good reason for it. These side hustles are almost completely passive and a couple dozen machines can be managed by one employee.

I haven’t always liked franchises as a business idea but there’s something to be said for a quick-start way to make money. You’ll pay for it but get everything you need to launch your new business and can usually make extra money by managing it yourself.

There’s two more side hustle ideas and three secrets I’m sharing in the video so click through and get ready to take notes. Don’t forget to join the Let’s Talk Money community.

1:42 The Difference Between Passive Income and a Side Hustle

2:15 Passive Income and the Shared Economy

3:14 Starting a Vending Machine Side Hustle

5:14 Pros and Cons of a Franchise for Passive Income

6:25 Earn Extra Money with a Laundromat Business

7:35 How to Start Investing in Real Estate with No Money

9:05 Three Secrets to Make Money from Home

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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through debt payoff strategies, investing and ways to save more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.

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