Passive income sounds like a fun and easy way to make money, but it’s not always as simple as it seems. In order to make passive income on your phone, you’ll need to put in some initial effort or money to get started.
Once you have a passive income stream set up, however, it can be relatively easy to maintain and can provide you with a steady stream of extra income. Just keep in mind it’s not going to be a get-rich-quick scheme – you’ll need to be patient and consistent in order to see results.
There are many different ways to make passive income on your phone. Here are a few of the most popular methods:
- Invest In Stocks
- Start a YouTube Channe
- Create an Online Course
- Create Digital Products
- Start a Blog
- Flipping Products
- Cash Back From Credit Cards
- Instagram Theme Page
- TikTok Theme Page
- Facebook Groups
Invest In Stocks
We’re the furthest thing from financial advisors and stockbrokers, but we’re big fans of Robinhood – an investing app that makes it easy (and affordable) for anyone to get started in the stock market. All you need is your phone and a few minutes to set up an account. Once you’re signed up, you can start buying and selling stocks with just a few taps. And while you’re not going to get rich overnight, investing in stocks can be a great way to generate passive income over time.
If you’re interested in getting free stocks, go here to sign up for Robinhood. Keep in mind this is an affiliate link, so we will receive free stocks as well!
Start a YouTube Channel Using Your Phone
Who said you needed a laptop or desktop computer to start a YouTube channel? These days, more and more people are using their phones to film and edit videos. If you have a knack for creating engaging content, starting a YouTube channel could be a great way to make passive income on your phone.
You can use your phone to film yourself talking about a topic you’re passionate about or even just film helpful “how-to” videos. Then, once you build up a following, you can start running ads on your videos and earn money every time someone watches.
Once you start making some money, you could use the money to improve your filming and editing equipment – but even if you don’t, there’s no reason you can’t start a successful YouTube channel using anything more than your phone.
You don’t even have to show your face for this method either. You can screen record apps and teach people how to use them or do reviews on new products.
Create an Online Course
If you have expertise in a particular subject or skill, you could create an online course and sell it for passive income. Thanks to platforms like Teachable, it’s easier than ever to create and sell an online course – and you can do it all from your phone.
The first thing you’ll need to do is come up with a course idea. What are you an expert on that you think other people would be willing to pay to learn about? Once you have your idea, you’ll need to film and edit the video lessons using your phone. Then, you can upload your course to Teachable and start promoting it. If people are interested, they’ll sign up and pay for your course – and you’ll start generating passive income.
Create Digital Products Using Canva and Selling Them On Etsy
If you’re not interested in teaching or creating a course, but you still want to sell digital products, consider using Canva – a free online design platform – to create them. You can use Canva to create anything from eBooks and printables to graphics and logos. Once you’ve created your product, you can list it for sale on Etsy – an online marketplace for handmade and vintage goods.
You can check out some YouTube videos to see what other people are selling and put your own twist on it. This can be a great way to make some extra money – and all you need is your phone and a few minutes of free time.
You can make one product per day and post it. The more products you have on Etsy the more you’ll potentially make on a monthly basis!
Starting a Blog From Your Phone
Although it’s possible, it’s one of the hardest ways to make money from your phone.
Blogging is a great way to build an audience and share your passion with the world – but it’s not easy. It takes a lot of time, effort, and consistency to grow a successful blog. But if you’re willing to put in the work, it can be a great way to make passive income from your phone.
The screen size could make things difficult while trying to edit blog posts, so this one is only recommended if you really think you can pull it off!
Flipping Stuff Using Craigslist and Facebook Marketplace
This is another option that takes a bit more work than some of the others on this list – but it can be a great way to make some extra cash if you’re willing to put in the effort.
The basic idea is to find things you can buy for cheap (on Craigslist or Facebook Marketplace) and then sell them for a higher price. This can be anything from furniture to electronics.
To find things to flip, you’ll need to check Craigslist and Facebook Marketplace on a regular basis. Once you find something you think you can sell for a higher price, buy it and list it for sale.
Furniture is a good product to do this with because you can easily make old furniture look new with a little bit of elbow grease and some paint.
Getting Cashback from Credit Cards
If you have a credit card you use frequently, you could be missing out on some serious cash back.
There are a few different ways to get cash back from your credit card, but the easiest way is to simply use a cashback rewards credit card when you make purchases. These cards will give you a certain percentage of cashback on everything you buy.
The trick is to only use these cards for stuff you ordinarily pay for and pay it right off – that way, you’re not paying any interest or fees.
This won’t make you rich, but it’s a great way to get some extra cash – and all you need is your phone to track the money you get back within the app!
Create an Instagram Theme Page
If you’re active on Instagram, you could create an Instagram theme page.
A theme page is a page dedicated to a particular topic. For example, you could start a theme page around bodybuilding showing progress pictures, workout routines, and healthy meal ideas.
To get started, you’ll need to come up with a theme for your page. Once you have that, start posting content related to your theme. As your page grows, you can start promoting products related to your theme – and make money from your phone!
Once you have a lot of followers, you can promote other accounts for money. This is also a good method to pair with a blog or YouTube channel to make even more money!
Tiktok Theme Page
If you’re active on TikTok, you could create a TikTok theme page.
Just like an Instagram theme page, a TikTok theme page is dedicated to a particular topic.
TikTok actually pays creators for their content, so you could potentially make money from your phone just by posting videos on your page!
Facebook Groups
Another great way to make money from your phone is by starting or joining a Facebook group.
There are a ton of different types of Facebook groups, from mom groups to dog groups to business groups. You can start a group for just about anything!
Groups are a great way to build an audience and connect with like-minded people. And if you can get a group to take off, you could make money from your phone by promoting products or services to the members!
This is a great option if you’re already active on Facebook and have a niche you’re passionate about.
Other Frequently Asked Questions
How about Surveys?
Surveys are often not good money for the amount of time they take.
There are some survey sites that pay cash, but often you’ll only make a few dollars per hour. If you’re looking for ways to make real money, surveys aren’t the best option.
Can you make money on your phone while you sleep?
Most of the processes above after putting in the initial work actually can make you money while you sleep.
For example, creating an online course or selling digital products on Etsy. Once you’ve done the work of creating the product, you can list it for sale and continue to make money each time someone buys it.
Conclusion
There are a lot of different ways to make money from your phone – and many of them can be done with nothing more than a few taps.
If you have any ways you like to make money from your phone, be sure to share them in the comments below!
If you found this blog post helpful, please share it on social media! And also take a look at our other most recent blog posts:
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