Unlock Your Passive Income Potential with this Quiz!

Sunday.Hustler

Created 6/29/2024

91.67%

Q & A

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Sources

https://www.bankrate.com/investing/passive-income-ideas/

https://time.com/personal-finance/article/passive-income-ideas/

https://www.gillianperkins.com/blog/passive-income-ideas-that-are-actually-worth-your-time

https://www.nerdwallet.com/article/investing/what-is-passive-income-and-how-do-i-earn-it

Discover your passive income potential with this fun and informative quiz! Test your knowledge and find out how many correct answers you can score out of 12.

1. Which method of passive income involves creating an audio or video course?

Investing in REITs

Dropshipping

Creating a course

Affiliate marketing

2. What is the primary benefit of earning passive income?

Immediate wealth

Freedom and flexibility

High risk

Constant attention needed

3. Which platform is suggested for selling a course to generate passive income?

Coursera

Etsy

Amazon

Fiverr

4. Which passive income source typically requires an initial effort but little ongoing involvement?

Regular job

Rental income

Freelance writing

Consulting

5. What is a no-money-out-of-pocket option for building passive income?

High-yield savings account

Dropshipping

Investing in stocks

Real estate investment

6. Which passive income strategy involves partnering with brands to promote their products?

Affiliate marketing

Teaching online courses

Creating a YouTube channel

Renting out a spare room

7. Which passive income source involves earning from renting out properties or spaces?

Creating an e-book

Dropshipping

Rental income

Affiliate marketing

8. Which type of passive income can be earned through online marketplaces like Shopify?

Interest from savings

Dropshipping

Corporate investments

Real estate

9. What is the initial time investment required for building a blog aimed at passive income?

Minimal

One-time

Considerable

None at all

10. Which passive income stream can be started with existing photography skills?

Teaching courses

Selling stock photos online

Dropshipping

Real estate investment

11. Which of the following can be a form of passive income from financial investments?

Peer-to-peer lending

Side gigs

Manual labor

Freelance design

12. What kind of product can be used in a print-on-demand store for passive income?

Software tools

Handcrafted jewelry

Customized apparel

Household services

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