#2 Royalties From Jingles/Audio Tracks
If you’re musically inclined then this is a great option for generating passive income.
All you have to do is make the jingle or audio track once, and then you can license it over and over again for a profit.
People use these tracks in the backgrounds of their videos and commercials. And considering how much advertising there is in today’s world, there will be a demand for catchy musical tracks for a long time to come.
If jingles aren’t your thing… maybe you’d rather make full-length musical tracks instead… then that’s an option as well.
If your songs are good enough, you can potentially sell or license them to famous musicians for a lot of money.
The best part is there’s no age limit for making music. So whether you’re 14 or you’re 40, you can make money selling your music.