30 Passive Income Ideas You Can Use to Build Real Wealth

#23 Sell Digital Files

Selling digital files is similar to selling an ebook. In fact, it’s possible to sell a small portion of your ebook as its own standalone file.

This type of product is common in the tech industries. If you have something of value (say, a checklist) that people would pay for, then turning it into a .pdf file and selling it on Etsy or your website can be an easy way of generating passive income.

These products are typically sold at a low cost. People aren’t likely to purchase a 1-2 page pdf file for over 10 dollars. But the simplicity of creating this product makes it an incredible investment and can lead to a steady cash flow depending on how good it is.