As a student, you’re probably looking for ways to make some extra money. And if you’re like most people, you want to find a way that doesn’t require too much work. Why else would you be searching for passive income ideas for students?

Passive income is a great way to make money without putting in much money upfront. It’s an ideal option for students because you have lots of time but not a lot of capital.

Passive Income Ideas for Students

There are many different ways to earn passive income for students, and we’ve compiled a list of some of the best options here.

No matter what route you choose, it’s important to get started right away. It can take time to start generating passive income!

What is Passive Income?

Before we dive into the different ways you can start earning passive income, let’s first define what it is.

Passive income is defined as “an income that is received regularly, with little effort required to maintain it.”

In other words, it’s money that you make without having to put in additional work. This can be from investments, such as stocks or real estate, or from other sources, such as selling digital products online.

Passive income is a great way to make money in my opinion. It’s what I’ve built my whole business around. You put in effort or money upfront but continue to make money for years to come.

Once you start generating passive income, it can provide you with a consistent stream of income that can help you pay off your student loans, start investing for your future, or simply free up your time to focus on other things.

Ways To Make Passive Income As A Student

There are many different ways to generate passive income, and we’ve compiled a list of some of the best options below.

Before we go through the list, remember that passive income can’t be generated from nothing. You need to invest either time or money upfront to get passive income streams going. It’s important to be realistic about making passive income before you get started.

With that said, let’s look at some passive income ideas for students!

Here are a few ways to earn passive income:

  • start a blog
  • affiliate marketing
  • start a youtube channel
  • sell stock photos
  • become a social media influencer
  • sell digital products online
  • sell stock photos
  • rent out a room on Airbnb
  • earn rent from a roommate

Now let’s cover these each with a little more information in case you want to get started making passive income!

Start a Blog

If you’re looking for a more long-term passive income idea, starting a blog is a great option. Blogging can take some time to get started, but it can be a great way to earn passive income over time.

When you start a blog, you’ll need to write articles and promote your site. But once you have a following, you can start earning money from advertising, affiliate marketing, or selling products.

To get started, all you need to do is choose a topic for your blog and start writing articles. Once you have a few articles published, you can start promoting your site and attracting readers.

If you’re looking for a passive income idea that you can grow over time, starting a blog is a great option. It may take some time to get started, but it can be a great way to earn money in the long run.

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Affiliate Marketing

If you’re looking for a another long-term passive income idea, affiliate marketing is a great option. Affiliate marketing is when you promote products or services for companies and earn a commission from sales.

To get started, you’ll need to find a product or service to promote. Once you’ve found something to promote, you can start writing articles or making videos about it.

You can then promote your affiliate links on your blog or YouTube channel. You’ll earn a commission when someone clicks on your link and makes a purchase.

If you’re looking for a passive income idea that you can grow over time, affiliate marketing is a great option. It may take some time to get started, but it can be a great way to earn money in the long run.

Want some help with affiliate marketing? Check out these guides:

Start a YouTube Channel

Another great way to earn passive income for students is to start a YouTube channel. If you have a knack for video, this can be a great way to make money.

To get started, all you need to do is create a YouTube account and start uploading videos. Once your videos are published, you can enable advertising and start earning money from views.

YouTube is a great way to make passive income because you can earn money without doing much work. Once your videos are published, you don’t have to do anything else except wait for people to watch them.

If you’re looking for a passive income idea that you can do from anywhere, then a YouTube channel is a great option. You can film videos on your phone or computer and then earn money while you’re doing other things.

Curious how to make passive income on YouTube? Read these articles:

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Become a Social Media Influencer

If you’re active on social media, you can start earning passive income by becoming an influencer. Influencers have a large social media following and make money from promoting products or services.

To get started, all you need to do is create a social media account and start posting content. Once you have a following, you can start working with brands and promoting their products.

If you’re looking for a passive income idea that you can do from anywhere, becoming an influencer is a great option.

You can promote products on your social media accounts and then earn money while you’re doing other things.

Not sure how to get brand deals? You can always start with getting products to review for free and build from there.

Sell Digital Products on Etsy

If you’re creative, you can start earning passive income by selling digital products on Etsy. Etsy is an online marketplace where people sell handmade and vintage items.

To get started, all you need to do is create an Etsy account and start listing your products. Once your products are listed, you can start promoting them on social media or on your blog.

If you’re looking for a passive income idea that you can do from anywhere, selling digital products on Etsy is a great option. You can create your products from anywhere and then sell them online.

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Sell Stock Photos

Another easy way to start earning passive income is to sell stock photos. There are many different stock photo websites, such as Shutterstock and iStock, where you can sell your photos.

To get started, all you need to do is create an account on a stock photo website and upload your photos. Once your photos are approved, they will be available for people to purchase.

When someone buys one of your photos, you will earn a commission. And the best part is, you don’t have to do anything else after you upload your photos.

If you’re looking for a passive income idea that you can do from anywhere, selling stock photos is a great option. You can upload your photos from your phone or computer and then earn money while you’re doing other things.

Invest in Stocks

Investing in stocks is another great way to start earning passive income. When you invest in stocks, you’re buying a piece of a company.

If the company does well, the stock will increase in value, and you can sell it for a profit. And if the company doesn’t do well, the stock will go down in value, and you can sell it for a loss.

Investing in stocks is a great way to start earning passive income because it doesn’t require much work. Once you’ve bought the stock, you don’t have to do anything else except wait for the value to go up or down.

These are just a few of the many different ways you can start earning passive income as a college student. These are some great options to consider if you’re looking for ways to make money without having to work too hard.

Rent Out a Room on Airbnb

One of the easiest ways to start earning passive income is to rent out a room on Airbnb. If you have an extra room in your house or apartment, you can list it on Airbnb and start earning money from guests who stay there.

Airbnb is a great way to make passive income because you can earn money without doing much work. Once you list your room, you don’t have to do anything else except wait for guests to book it.

To get started, all you need to do is create an account on Airbnb and list your room. You can set your own price and decide when you want to rent it out.

If you’re looking for a passive income idea that requires little effort, renting out a room on Airbnb is a great option.

Earn Rent From a Roommate

If you don’t want to rent out a room on Airbnb, another option is to find a roommate. This is a great way to make some extra money without having to do any work.

You can search online or ask around your college campus to find a roommate. Once you find someone who is interested in living with you, you can sign a lease and start collecting rent.

Collecting rent from a roommate is a great way to make passive income because it requires minimal effort. Once you find a roommate and sign a lease, you can just sit back and collect monthly rent.

More Passive Income Ideas

Not sold on any of the ideas above? Try some of these additional passive income options:

  • Rent out your car on Turo
  • Advertise on your car
  • Rent your stuff on loanables.com or fatllama.com
  • Rent your parking space
  • Sell your notes to classmates on Study Soup
  • Create and sell an online course on your best skill
  • Start a print on demand store
  • Use cashback apps and credit cards when you shop

Summary

There are many different ways for college students to start earning passive income.

Remember that “passive income” is not just a magical income stream. It requires either lots of hard work upfront and then it becomes semi-passive.

Luckily for students you’ve got the time and energy to hustle and create passive income streams.

No matter what route you choose, it’s important to get started right away so you can start generating income!

Mary is the founder of Pennies Not Perfection where she shares her journey to build wealth through online income. She quit her day job in 2021 after she paid off her debt and doubled her 9-5 salary.

Mary's favorite free financial tool is Personal Capital. She uses their free tools to track net worth and work toward to financial freedom.

Her favorite investment platform is M1 Finance, where she built a custom portfolio for free with no fees. She shares her portfolio growth and savings progress every month on YouTube.