3 ways to make passive income this holiday season (2024)

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MoneyWatch: Managing Your Money
3 ways to make passive income this holiday season (2)

For most people, the holidays are a time for relaxation and spending time with family and friends. You can use this month to make some extra cash, though – without giving up any of your downtime. There are plenty of ways to earn passive income over the holidays that won't require you to give up your vacation. If you wind up spending a little bit more than you wanted to over the holidays, this is the perfect way to earn some of it back and go into January feeling confident in your finances.

One easy way to earn passive income over the holidays is to take paid surveys. Get started now!

3 ways to make passive income this holiday season

No one wants to give up their time off over the holidays, but that doesn't mean you have to completely give up on the grind. Here are four simple ways you can earn passive income without spending too much time – or even getting out of your pajamas.

Take online surveys

Companies are constantly looking for data from consumers to drive their business decisions. They want data so badly, in fact, that they will pay consumers directly for it. All you have to do is fill out surveys about your consumer choicesand spending preferences and the companies will pay you for it.

This could be the simplest way to make money from home over the holidays. Just get out your phone or computer while your family is watching Elf – or Home Alone, or whatever your holiday movie of choice is – for the hundredth time, and start filling out some surveys. You'll earn some extra cash without leaving the sofa, and you won't have to feel guilty about buying those extra stocking stuffers or having had an extra drink at a holiday happy hour.

Start getting paid to take online surveys now.

Sell your old things online

Here's a classic holiday tale – you head home to your parent's place for the holidays, and they ask you to look through your things as they need more storage space. Normally, this would be a chore, but you can turn it into a money-making opportunity.

Whether it's old action figures or vintage clothes, there's a good chance you can sell some of your old stuff online to people who will appreciate it. All you need to do is set up an account on eBay or any other resale site, take pictures and list your things. You may have to pay for shipping, but you can still turn a tidy sum if you have some attractive things to sell.

Even if you aren't going home for the holidays, you can clear out space in your own house for your new Christmas or Hanukkah gifts by selling your old clothes or toys your kids have outgrown online.

Pet or house-sit

If you don't have plans this holiday season, take advantage of your lone wolf status by taking care of someone else's home and/or pets while they are out of town. This one takes a bit more work than some of the other options – you'll have to feed and walk an animal if that's the option you choose. If you're bummed out about being alone over the holidays, though, the company of a furry friend could be just what you need. There are myriad online services to match with potential house and pet-sitting clients, so start looking now.

The bottom line

Just because you are on vacation doesn't mean you have to stop hustling. You can use the holidays to make some extra money that you can spend on gifts or fun holiday activities – or just to pad your bank account heading into the new year. There are ways to make extra money that don't require you to leave the house or get off the couch, including taking paid surveys. All you need is a computer and a desire to make some money.

Ben Geier

Ben Geier is a personal finance writer based in Brooklyn, New York.

3 ways to make passive income this holiday season (2024)

FAQs

3 ways to make passive income this holiday season? ›

The easiest side hustles are those that allow you to work from home and on your computer. Things like freelancing, social media marketing, answering surveys, and proofreading for other small businesses are pretty easy side jobs from home that can still turn a nice profit.

How can I make extra money this holiday season? ›

Here are 21 of the best side hustles to help you rake in some holiday cash.
  1. 21 best holiday side hustles.
  2. Become an Instacart shopper. ...
  3. Take surveys to earn a few extra bucks. ...
  4. Let your car work for you. ...
  5. Deliver food with DoorDash. ...
  6. Watch videos online in your spare time. ...
  7. Wrap gifts for others. ...
  8. Use your skills to earn cash.

What is the simplest way to make passive income? ›

Passive income ideas:
  1. Create a course.
  2. Write an e-book.
  3. Rental income.
  4. Affiliate marketing.
  5. Flip retail products.
  6. Sell photography online.
  7. Buy crowdfunded real estate.
  8. Peer-to-peer lending.
May 1, 2024

How to make $1,000 dollars a month in passive income? ›

Passive Income: 7 Ways To Make an Extra $1,000 a Month
  1. Buy US Treasuries. U.S. Treasuries are still paying attractive yields on short-term investments. ...
  2. Rent Out Your Yard. ...
  3. Rent Out Your Car. ...
  4. Rental Real Estate. ...
  5. Publish an E-Book. ...
  6. Become an Affiliate. ...
  7. Sell an Online Course. ...
  8. Bottom Line.
Apr 18, 2024

What passive income makes the most money? ›

A guide to growing your passive income
  • Invest in dividend-paying stocks.
  • Invest in fixed index annuities.
  • Invest in bonds or bond funds.
  • Invest in real estate investment trusts (REITs)
  • Invest in robo-advisor portfolios.
  • Create digital content.
  • Operate an e-commerce store.
  • Perform affiliate marketing via social media.
Jun 17, 2024

How to make money this festive season? ›

10 ways to make extra money during the holidays
  1. Babysitting. Find a babysitting job. ...
  2. Delivery driving. ...
  3. Nannying. ...
  4. Tutoring. ...
  5. Pet sitting and dog walking. ...
  6. House cleaning or organizing. ...
  7. Driving. ...
  8. Personal assisting.
Nov 10, 2023

How can I sell more this holiday season? ›

Follow these 13 tips to maximize the holiday season's profit potential.
  1. Determine the discounts you want to offer. ...
  2. Provide gift suggestions. ...
  3. Say thank you ahead of time. ...
  4. Tap into nostalgia. ...
  5. Focus on customer loyalty. ...
  6. Make the most of mobile. ...
  7. Offer free shipping. ...
  8. Go large on the holiday spirit.
Jul 1, 2024

How do beginners start passive income? ›

Here are seven passive income ideas:
  • Open A High Yield Savings Account. ...
  • Buy Dividend Stocks. ...
  • Build A Digital Product Teaching Something You Already Know. ...
  • Write A Book. ...
  • Generate Sales For Someone Else's Book Or Product. ...
  • Attract Ad Revenue Or Sponsors For A Site You Create And Manage. ...
  • Partner On A rental Real Estate Deal.
May 4, 2024

How can I make $30 a day passively? ›

An Easy $30 Per Day Idea for Beginners
  1. Cashback Websites. One of the easiest and most passive ways to make $30 per day is by utilizing cashback websites. ...
  2. Paid Surveys. ...
  3. Brand Ambassadorships. ...
  4. Online Panels. ...
  5. Playing Video Games. ...
  6. Food Delivery. ...
  7. Delivering Goods. ...
  8. Flipping Goods.
Nov 4, 2023

How to make extra income from home? ›

Ways to Make Money From Home
  1. Accounting & Finance Jobs. Accounting and finance jobs offer a variety of ways to make money at home. ...
  2. Bilingual Jobs. ...
  3. Customer Service Jobs. ...
  4. Insurance Jobs. ...
  5. Medical Coding Jobs. ...
  6. Sales Jobs. ...
  7. Transcription Jobs. ...
  8. Virtual Assistant Jobs.

How can I make $200 a day passive income? ›

How To Make $200 A Day
  1. Online Freelancing.
  2. Deliver Food.
  3. Make Money Blogging.
  4. Use Microtask & Survey Websites.
  5. Start An Ecommerce Business.
  6. Invest.
  7. Become A Pet Sitter.
  8. Find Cash Gigs With Steady.
Jul 22, 2024

How to turn $10,000 into passive income? ›

The Best Ways to Invest $10K
  1. Buy an Established Business. ...
  2. Real Estate Investing. ...
  3. Product and Website Buying and Selling. ...
  4. Invest in Index Funds. ...
  5. Invest in Mutual Funds or EFTs. ...
  6. Invest in Dividend Stocks. ...
  7. Peer-to-peer Lending (P2P) ...
  8. Invest in Cryptocurrencies.
Jun 11, 2024

How do you make a living off passive income? ›

Best Ways to Make Passive Income in 2024
  1. Dividend stocks.
  2. Dividend exchange-traded funds.
  3. Bonds.
  4. Bond exchange-traded funds.
  5. Certificates of deposit.
  6. High-yield savings accounts.
  7. Money market funds.
  8. REIT investing.
Jun 18, 2024

What is the best side hustle to make money in 2024? ›

The easiest side hustles are those that allow you to work from home and on your computer. Things like freelancing, social media marketing, answering surveys, and proofreading for other small businesses are pretty easy side jobs from home that can still turn a nice profit.

How to earn money for a holiday? ›

Here are some of the best ways to make extra money fast ahead of the holidays:
  1. Get a seasonal job.
  2. Sell items online.
  3. Find freelance work.
  4. Take care of pets.
  5. Tutor a subject.
  6. Deliver food.
Oct 31, 2023

What holiday generates the most money? ›

Christmas is by far the largest holiday in terms of spending, which is why so many retailers rely on the fourth quarter retailing season to drive their earnings.

What is the best way to make an extra $50 per day? ›

How To Make $50 A Day
  1. Freelance Writing.
  2. Play Games For Money.
  3. Use Paid Survey Websites.
  4. Blogging.
  5. Work As A Food Delivery Courier.
  6. Rent Out Assets.
  7. Start An Online Business.
  8. Walk Dogs For Money.
Jul 25, 2024

How can I be more present this holiday season? ›

Tips for being present, not perfect this holiday season
  1. Tip #1: Avoid comparing yourself to others. ...
  2. Tip #2: Emphasize presence over presents. ...
  3. Tip #3: Recognize your mental health needs. ...
  4. Tip #4: Ask for help. ...
  5. Tip #5: Practice self-compassion.

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