5 Passive Income Ideas You Can Start with $100

Want to earn money while you sleep? Passive income is the dream of many, but the misconception is that you need a lot of capital to start. In reality, even with just $100, you can start building streams of income that pay off in the long run. Here are 5 smart passive income ideas to begin with a small investment.

1. Buy a High-Yield Dividend Stock

Use your $100 to purchase shares of a dividend-paying stock. Look for companies with a solid dividend history. Over time, reinvest those dividends to grow your portfolio and increase your income passively.

2. Create and Sell a Digital Product

Use free tools like Canva or ChatGPT to create eBooks, printables, or templates. Spend your $100 on ads or a website. Sell on platforms like Gumroad or Etsy for long-term income.

3. Start a Blog with Affiliate Marketing

Buy a domain and hosting (often under $100 for a year) and start a niche blog. Use affiliate links to earn commission from product referrals. It may take time to grow, but the income can become truly passive.

4. License Your Photography or Art

If you’re a photographer or digital artist, you can upload your work to stock photo sites like Shutterstock or Adobe Stock. A small investment in a basic camera or editing tools can help you start monetizing your content online.

5. Invest in Peer-to-Peer Lending

Use platforms like LendingClub or Prosper (availability may vary by region) to lend small amounts of money to borrowers. You earn interest over time, generating passive income with minimal effort.

Conclusion

Don’t let a limited budget stop you from building financial freedom. With a bit of creativity and $100, you can start laying the foundation for long-term, passive income. Choose one or more of the above ideas and get started today!

Disclaimer: This content is for informational purposes only and does not constitute financial advice. Please do your own research before investing.

MoneyBytes & Miles