Passive income of $1K per month, these 10 methods are the most practical.

Earning passive income from 0 to 1 sounds appealing, but to be honest, it requires a lot of effort to set up the framework in the early stages. Once it’s up and running, you can earn money while lying down. The key is to start with small goals—earning an extra $1000 a month is actually the key to unlocking financial freedom.

Cash Flow Investment Priority

Dividends + Real Estate Trusts are the most straightforward. Select companies or funds with stable historical returns and open an account through brokers like Vanguard or Fidelity. The key is regular investments + compound interest, and the returns will grow increasingly robust.

If you want to get into real estate but don't want to lock up your money, REIT stocks (like IRM, BXMT) are also options. Alternatively, you can use platforms like Fundrise to directly invest in commercial and residential real estate and receive rental income regularly.

Digital products sell non-stop

E-books, online courses, printable templates - create once and sell forever. Amazon Kindle, Udemy, and Etsy are ready-made stages. You need to promote in the early stages, and later you can just sit back and watch the sales grow.

Peer-to-Peer Lending + Crowdfunding

The annual yield of P2P lending platforms usually ranges from 5% to 9%, and some even achieve 10%+. If you invest $140K, the annual interest can earn over $12K, which breaks down to about $1K per month. Start accumulating with small amounts, and reinvest the earnings automatically; doing this can help you reach your goals.

Other Ways to Make Money

• Affiliate Marketing (Earn Commission by Referring)
• Self-built blog
• Homestay/Short-term rental parking spaces
• YouTube channel
• Email Communication (Built-in Promotion Link)
• Social Media Account

Key Point: Not all methods require capital. YouTube and online courses can start for free (may require some recording equipment). But remember to pay taxes—the specific tax laws depend on the type and amount of income.

Fun Fact: Income from real estate can be deducted from taxable income using depreciation, which is equivalent to legal tax avoidance.