Passive income is income generated from sources that require little to no active effort from the recipient to maintain. Some common examples for digital nomads include:
Affiliate marketing: Promoting products or services of others and earning a commission for each sale or lead.
Selling digital products: This can be e-books, online courses, or printables that can be sold online.
Investing: Investing in stocks, bonds, or real estate and earning passive income through dividends or rent.
Ad revenue from websites or blogs: Placing ads on your website or blog and earning money through clicks or impressions.
Online subscriptions or memberships: Offer exclusive content or services and earn a recurring income from subscribers or members.
Dropshipping: Running an online store that stocks and ships products without holding inventory.
Remember that building passive income streams takes time and effort, so it's important to choose a strategy that aligns with your skills, interests, and financial goals.
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