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What is passive income and best ways to build it

June 1, 2023

Are you looking for ways to make your money work harder for you without actively managing it? Well, you're in the right place! In this blog post, we'll discuss what passive income is and share ten easy ideas to start building your own passive income streams. Let's dive in!

What is Passive Income?

Passive income is money earned with little to no effort on your part. It's a great way to supplement your regular income and achieve your personal finance goals faster. With an online bank like bunq, you can manage your passive income streams effectively and grow your savings effortlessly.

10 Easy Ideas for Building Passive Income

  • High-Interest Savings Account: Open a savings account with a competitive interest rate to earn passive income through interest payments.
  • Dividend Stocks: Invest in dividend-paying stocks to receive regular dividend payouts.
  • Real Estate Investment Trusts (REITs): Invest in REITs to earn passive income from rental properties without the hassle of being a landlord.
  • Peer-to-Peer Lending: Lend money to borrowers through peer-to-peer lending platforms and earn interest on your loans.
  • Online Course Sales: Create and sell online courses on platforms like Udemy or Teachable to generate passive income.
  • Affiliate Marketing: Promote products or services on your blog or social media channels and earn a commission for each sale made through your affiliate link.
  • Write an eBook: Write and self-publish an eBook on platforms like Amazon Kindle Direct Publishing and earn royalties from each sale.
  • Rent Out Your Property: If you have an extra room or property, consider renting it out on platforms like Airbnb to generate passive income.
  • Create a Mobile App: Develop a mobile app and earn passive income through in-app purchases or advertisements.
  • Invest in Index Funds: Invest in low-cost index funds that track the performance of a broad market index, and earn passive income through capital gains and dividends.


Building passive income streams is an excellent way to improve your personal finance and achieve financial freedom. With these ten easy ideas and a reliable online bank like bunq, you can start building your passive income today. So, why wait? Take action now and secure your financial future!

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