While $1,000-$2,000 per month is excellent, an ideal income for many is $2,000-$3,000 earned passively.
The good news is that with focus and some upfront effort, hitting this goal is absolutely possible. Here are 14 of the most proven ways you can realistically make $2,000-$3,000 or more every month in passive revenue:
Top blogs make money through advertisem*nts, affiliate revenues, and digital products.
A blog earning $5 RPM with 100,000 monthly visitors results in roughly $500 income per day or $15,000 per month.
Big name personal finance blogs like BudgetsAreSexy.com and GoodFinancialCents.com earn over $200,000 per month.
While blogging does take work upfront, income can remain mostly passive for years once content volume is built.
45%+ of all books sold on Amazon are self-published Kindle ebooks
Popular genres like mysteries, sci-fi, romance can pay authors $1,500-$4,500+ per book
Using Amazon’s paperback self-publishing services also unlocks higher royalties
Consistently publishing 2–3 books annually that sell just 250–300 copies monthly would achieve over $2,000 in passive royalty income
Real estate investors prefer the cash flow and appreciation potential of small multifamily homes over single family rentals
Duplexes with proper management average 8–15% annual ROI from rental income minus expenses
A $300,000 duplex at 12% ROI yields $3,000 monthly in cash flow after paying the property manager
Refinancing the mortgage and increasing rents over time results in significantly higher cash flow
If you like the idea of earning passive income, one idea to make $5,000 per month is to rent out things for money. This is probably the best option if you're very busy with your job and don't have time to start a new side hustle.
One of the easiest passive income strategies is dividend investing. By purchasing stocks that pay regular dividends, you can earn $2,500 per month in dividend income. Here's a realistic example: Invest $300,000 into a diversified portfolio of dividend stocks.
Earning $2,000 in monthly passive income sounds unbelievable but is achievable through dividend investing. However, the investment amount required to produce the desired income is considerable. To make $2,000 in dividend income, the investment amount and rate of return must be $400,000 and 6%, respectively.
Imagine you wish to amass $3000 monthly from your investments, amounting to $36,000 annually. If you park your funds in a savings account offering a 2% annual interest rate, you'd need to inject roughly $1.8 million into the account.
“Retiring on $2,000 per month is very possible,” said Gary Knode, president at Safe Harbor Financial. “In my practice, I've seen it work. The key is reducing expenses and eliminating any market risk that could impact your savings if there were a major market downturn.
Hobby: Reading, Ice skating, Foraging, BASE jumping, Hiking, Skateboarding, Kayaking
Introduction: My name is Cheryll Lueilwitz, I am a sparkling, clean, super, lucky, joyous, outstanding, lucky person who loves writing and wants to share my knowledge and understanding with you.
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