To build Passive income streams requires a lot of hard work, consistency, and upfront investment in the beginning. But after some time, once these passive income streams build and maintain themselves, they will become a steady source of revenue for you forever.
According to my personal experience, these passive income streams can help you achieve financial independence goals and increase your income tremendously.
There are a lot of new and old passive income ideas, and strategies can generate a fixed source of income for you and your family.
Here are some of the best income ideas mentioned below:
Selling products on your app
You can build your own and starts selling products and services through it. You can also sell your app on the app store. However, any digital products did not require practical overheads and sold automatically if they are high-quality products and are according to the need of your targeted audience. You can also sell your own app on the App store.
Showing ads in the games
One of the best passive income streams in these years is showing ads in the games. By doing this, you can earn a huge amount in dollars. The users will click the ads to earn some reward or to earn lives etc., instead of purchasing from the play store.
Read more on:https://www.dotnek.com/Blog/Monetizing/best-passive-incomes-in-2020
https://dotnek.mystrikingly.com/
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