One of the oldest methods of passive income is the use of vending machines.  They even found some example in the ancient Egypt pyramids (no, they did not).  These are perfect passive income devices. They are roughly a salesperson sitting at a specific location and working twenty-fours per day.  Better yet, advances have made these an even better option for those of us interested in generating passive income. Vending Machines Are Smarter Than Ever The whole concept of the Internet of Things is made to order for this area.  Think about it.  You can ping your machines via the Internet for all sorts of information including current inventory levels, whether a feed is jammed, and even the cash on hand. ... Read more

In the world of passive income, what can be better than parties and networking as part of your efforts?  I know that some of us do not find a lot of pleasure in these types of events.  However, for those that do, this becomes a perfect match of work with joy.  You can start small and grow to substantial income and activities. Parties and Networking For Income We have all attended events that fall into this category.  They may include a school dance, a professional conference, or a group vacation.  Of course, some of these require a large amount of effort and time to get them set up.  That would remove the passive part of this particular income source.  Nevertheless,... Read more

We have touched on a large number of potential passive income opportunities.  However, there is an incredible number of lesser-known odd jobs as well.  These can include collectibles and ride-sharing, but that is not the focus of this episode.  We will spread out into further reaches, including transportation services and jobs that are roughly doing someone a favor (for a fee). Odd Jobs Are Everywhere (But Hard To Find) The most significant challenge with these jobs is finding them.  The best odd jobs typically are found via word-of-mouth or niche web sites.  These often require a level of trust between the employer and employee.  They also range from things like hand delivering items to house sitting or similar services.  The... Read more