Global term

Passive income

Earnings that continue with little ongoing work after the initial setup, such as digital products, royalties, dividends or rentals.

Passive income is money you earn after the bulk of the work is already done. Common examples include selling templates or e books, licensing photos, running affiliate sites, building a SaaS subscription, dividend investing, peer to peer lending and renting property. True passive income still needs maintenance, marketing or rebalancing, so the term is best read as low ongoing work rather than zero work.

Put this knowledge to work.

Hustle Report sends you a personal weekly plan with side hustles, salary benchmarks and savings tailored to your CV.

Get the report