Are you looking for some ways to make money with your partner? In this article, we shall go over 10 side hustles ideas that can make you passive income.
Passive income is money that you don’t have to spend a lot of time working on to generate. For example, when you put up your house for rent, every month you’ll be receiving rental payments without doing anything really.
On the other hand, if you’re working as a consultant or a doctor, then your earnings are directly tied to the number of hours that you work. Passive income is so great because it doesn’t interfere with your day-to-day activities.
Let’s have a look at some passive income side hustles for couples.
Top 10 Passive Income Side Hustle Ideas for Couples
1. Start a blog
If you and you’re partner enjoy writing, then you should consider starting a blog on any topics you’re passionate about. For instance, if you love traveling then you can start a travel blog and document your experiences in different countries.
There are many ways in which a blog can be monetized, including ads, affiliate marketing, selling merchandise, etc.
If you don’t have any web design experience, you can use a drag-and-drop website building tool like Wix to get your blog up and running in just a few hours. This is one of the most profitable side hustles for couples.
2. Create an online course
This is another fantastic way to make money online. A lot of people have recently developed a craving for knowledge. If you’ve got any valuable skills that are worth something, then you can create an online course and sell it through platforms like Teachable.
You could create a course on literally anything you’re good at, whether that’s cooking, dancing, writing, foreign language, etc. Once the course is uploaded online, you can make passive income from it perpetually. You won’t spend any time actively teaching.
3. Crowdfunded real estate investing
Although real estate investing can be capital intensive, you can get started through crowdfunding sites like EquityMultiple and Fundrise.
Crowdfunded real estate enables companies to raise money through small contributions from many investors, the revenue then gets shared. Think of it as stocks, but for real estate.
4. Create digital products
This could be a very profitable side hustle for couples. Some examples of digital products include PDFs, templates, excel spreadsheets, digital artwork, graphic designs, etc.
If you or your partner is skilled at making any one of them, you can make a decent income selling them through platforms like Etsy and SendOwl, or better yet, through your own website.
Many people buy digital products whenever they need quick solutions to problems they are facing. For example, if they need to create a business plan and don’t want to start from scratch, they buy a ready-made business plan template.
5. Sell stock photos
This is a great way to make passive income if you’re good at taking photos. You don’t need to be a professional photographer with expensive equipment to get started. Even just your smartphone could be good enough.
You can take photos of various things in your home, or even do roleplays with your partner. For instance, you could pose as a doctor and your partner a patient. Stock photo websites like Shutterstock will pay you royalties every time someone licenses your photos.
6. Affiliate marketing
Affiliate marketing involves you partnering up with retailers to promote their products. In exchange, they will pay you a commission for all the sales you generate through your link.
This is a great business idea for couples that have a medium-large social media following, or a blog/YouTube channel where they can promote the products on.
There are several affiliate networks where you can find products to start promoting, including ShareASale, CJ Affiliate, Clickbank, and even Amazon.
7. Start a YouTube Channel
If you and your partner are comfortable being in front of a camera, then you can start a YouTube channel. Over time, once your audience grows, you’ll be able to make passive income through ads, affiliate marketing, sponsorships, etc.
8. Start a Podcast
If the idea of a YouTube channel is too daunting, then you can start a podcast instead. Podcasts are great since they’re fairly easy to produce. All you need is a microphone, a computer, and a podcast hosting service. Podcasts can also be monetized through ads, affiliate marketing, and sponsorships.
9. Write an e-book
Kindle Direct Publishing has made it very easy for anyone to self-publish an e-book and gain access to millions of Amazon customers around the world.
Once again, the e-book can be on any topic you’re knowledgeable and passionate about. Just make sure to do some research using tools like Google trends to ensure that the topic you’ll be writing about actually has demand. The last thing you want to do is write a book that no one cares about.
10. Start print-on-demand business
This is another great side hustle idea for couples. A print-on-demand business allows you to sell things such as t-shirts, custom phone cases, mugs, etc., without having to keep stock of them.
You just have to partner with a printing platform like Printify and they will handle all your order fulfillment. Your only job will be marketing to drive traffic to your website – which you can also outsource to other people.
