Unlock Your Passive Income Potential with this Quiz!


Sunday.Hustler

Created 6/29/2024

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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.

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