Passive Income Ideas 2024. Passive income is a steady stream of unearned income that doesn't require active traditional work to maintain. Passive income is a type of regular income earned without working for an employer or job.
Passive income ideas could include things like cash flow from rental properties, dividend stocks, sales of a product (that requires little or no effort), royalties, and more. If you’re turning to side hustles and are looking for ways to build passive income in 2024, here are five easy steps to get started.