Turn your burning passions and daily musings into an entertaining audio show. Whether you want to talk about history, food, finance, or music, you can record and edit episodes from the comfort of your home. Once you have a large group of listeners, you can earn money from podcast sponsorships, affiliate marketing, selling products or eBooks, or crowdfunding. While you’ll have to produce episodes consistently, the time involvement is minimal and you can record several shows in advance.
If you have a spare bedroom, you can find a roommate or list the space on AirBnB for travelers. Having a roommate is the more passive of the two, as being an Airbnb host will require more work in the form of turning over the room between stays. This is a super painless way to earn $500 to $1,000 a month without much effort – you may even be able to cover your mortgage payment with this extra income!
It shouldn’t come as a surprise, but people who regularly monitor their finances end up wealthier than those who don’t. When you were a kid, keeping track of all of your money in a porcelain piggy bank was pretty easy. As we get older, though, our money becomes spread out across things like car payments, mortgages, retirement funds, taxes, and other investments and debts. All of these things make keeping track of our money a lot more complicated.
How to Monetize: Affiliate marketing works well when you discuss products on your blog. For our fish tank blog, we would link to all the things you need to buy for an aquarium and then when people click on that link and buy that item (and other items they purchase with it with some exceptions) you get a percentage of the purchase. Amazon Associates is the best-known affiliate marketing program, but there are others like Impact Radius, ShareASale, Commission Junction, ClickBank and Rakuten too.
First of all I looked for information about carrying concealed in my state. There was practically no information available. I wanted to know how to get a concealed carry permit, where people are allowed to/not allowed to carry if you have a permit, how to legally carry while in a car, etc. You could create an incredibly useful page of your site using Pat Flynn’s Createaclickablemap.com for this and create an amazing resource.
I literally just opened your websites while sitting next to my girlfriend on the couch and wanted to re-read some old articles to do something more useful than watching soap operas and got more and more excited reading this gem of an article. I find it awesome how often you share really good and well researched niches (cloud niches) but from my own experience the last paragraph of your article is unfortunately true. Anyway, this time I may have found some topics that seem to fit niches I am already in so thanks a lot and please keep more articles like this coming. Is there other way to support you except buying your services and courses? 🙂
Hey Neil – you continue to impress and I love you even more. I have a strong theory that 95% of what you need for SEO you can get for free through blogs and Moz and now Quicksprout. What’s rare is for everything to be grouped into an easy to use beautiful video series. I’m glad you used Brian Dean as well because he tends to give very actionable advice like you as opposed to that high level vague strategy stuff.