If you’re a student with a busy scheule, creating passive income streams is a great option as it requires little to no ongoing effort . Plus, as a student, you likely have valuable knowlege and experience that you can monetize.
In this post, we’ll go over 5 passive income ideas for students like you. Let’s hit the books!
Necessary tools
Before we get starte, let’s go over two major platforms that can help you start earning passive income in no time. Both tools are highly beginner-friendly .
WordPress
WordPress is a flexible content management system (CMS) that allows you to create and manage content such as web pages and blog posts. It is open source and free so you can download it directly from the website:
WordPress.org
One of the best parts of WordPress is that you can extend its functionality using plugins .
For example, you can use a plugin like WooCommerce to transform your site into an online store .
MemberPress
MemberPress happens to be one such plugin. It is an all-in-one WordPress monetization plugin that you can use for business or even just monetizing your content.
Screenshot of the main section of the MemberPress website
For example, you can do things like…
Offer subscription billing
Paywall for certain posts and pages
Allow visitors to download digital products
But MemberPress Courses the learning management system (LMS) plugin, allows you to sell online courses.
That’s what sets it apart from other similar tools.
5 passive income ideas for students
Now that you know what tools you’ll nee, let’s take a look at 5 passive income ideas for students.
1. Create tutorial videos
As a student, you are in a position to share tutorial videos on your specific subject. Or you can create instructional videos that offer value to others in your same situation.
For example, you can share study tips or tips about the college experience:
An example of a study video as a passive income idea
Debido a the popularity of video content, this approach has great potential. In addition, video is ideal for tutorials and knowlege sharing.
De hecho, 54% de YouTube visitors come to the platform para resolver un problema. Otros 56% dicen que van a YouTube para aprender algo nuevo:
An example of a video tutorial as a passive income idea
There are also many ways to approach video tutorials. You might want to produce short instructional videos .
Or maybe you want to host longer, more in-depth videos that function more like a lecture or presentation. This may be the best option if you already have an establishe online presence and an engage audience.
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Repetitions of seminars
También puee organizar seminarios web that encourage greater interaction with your audience.
Any webinar platform worth its salt includes a replay feature. So you can record a webinar once and then paywall replays indefinidamente, y voila – passive income’s coming in.
MemberPress se integra con toneladas de las mejores plataformas de webinars, incluyendo Crowdcast y GotoWebinar . So setup and management are simple.
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2. Create and monetize a blog
Although blogs have been around for a while, they are still very popular. The main reason for this popularity is freeom. A blog gives phone number mx you a space where you have complete control over your content.
With other platforms, like social meia, you are governe by the rules of that particular site. With a blog, however, you have the libertad creativa to do and say whatever you want.
It’s also barato y rápido de poner pr planning stages en marcha with a blog. As we’ve already said, you can use a platform like WordPress to empezar a crear contenidos para el blog casi al instante:
Example of a blog as a passive income idea
The best thing about a blog is its potential to generate multiple streams of income.
There are many ways to make money with your blog . First, you can try marketing de afiliación which we will discuss later.
In addition, you can get sponsors, post ads on your pages y pay content para los usuarios que tienen una membresía en su sitio.
3. Become an affiliate marketer
Marketing de afiliación is a great option if you currently have a blog, YouTube channel, or any platform with a decent number of followers. After you start creating content, you can partner with companies that match your audience, niche, or values.
Algunos de los programas de afiliación más populares son Asociados de Amazon , SEMrush y HelloFresh :
An example of an affiliate program
Once you partner with the brands you choose, you’ll receive a unique affiliate link. You can place your link in blog posts, comment sections, and in your YouTube description box.
