Everybody wants to make money and enjoy life and be free but people cannot succeed. Making money is difficult if you don’t have good ways to make money. There are various ways through which you can make money but the best way to make money is passive income. Passive income is money that you earn with the effort at a time and it keeps regenerating money even when you are sleeping. There are many ways to make passive income. Here we will look at the Top 5 passive income sources in Nepal which can help you to generate money one effort at a time. These top 5 passive income sources in Nepal are practiced and proven ways. Here is the list of the Top 5 passive income sources in Nepal :
1. Youtube:
Youtube is the world’s largest online video-sharing platform where you can share any kind of content which provides value to people. Its headquarter is located in San Bruno, California. It was established in 2005 and later won by Google which is the world’s largest tech company. Youtube is used by almost 2 billion people which create a great opportunity for content creator to earn money from the comfort of their couch.
In the context of Nepal youtube users are increasing day by day at skyrocketing speed. Nepal is also moving towards digitization all-most all the people who have access to the internet use Youtube every single day and content creator make money passively from the users. You can monetarist your channel after your channel meet the minimum criteria and start making money passively. The monetization criteria are 4000 hours of watch time and 1k subscribers within the last years. Once your channel is monetized your video will contain ads and you will be paid depending on how many ads are played on your videos. It means once a user starts watching your video you will be making money from that video each and every day passively. There are many Nepali Youtubers who are making six-figure incomes passively through the Youtube channel. Now it’s your time to make money from Youtube.
2. Share Market
Buying a certain percentage of company or organization ownership with the help of money is known as a share. Most of the richest people in the world like Elon Musk, and Warren Buffett have their money in the form of shares. Even the richest person in Nepal Binod Chaudhary has his money in the form of shares.
The share market can be a great source of passive income if you are willing to make money from money. You can invest your money and buy a certain percentage of company owner ship once a company goes into profit the money you invested will grow. There is a certain criterion to get into the share market in Nepal. You should have a bank account, demat account, and mero share account once you open all these three accounts now you can invest your money in those organizations that open IPO. If the company where you invested money goes into profit. You will get a certain percentage of the company’s profit. If you have good knowledge about how the share market work then you can easily make a huge amount of money passively.
Also, Read: How to buy or sell shares online in Nepal
3. Blogging :
Blogging means writing content about a particular subject or topic and publishing it online on the internet. You can start blogging with no money as well and start making money passively. You can set up your blog on Blogger for free. Blogger is a platform provided by Google which is the best way to start blogging for beginners.
Once you set up your blog there are many ways to monetize it. If your blog post is good and you get good traffic on daily basis you can easily make a huge amount of money from your blog post. There most practiced way to monetize your blog post is Google Ad Sense. You can place ads on your blog post and Google will pay you money depending on how much benefit Google gets from your blog. Other ways to make money from a blog are affiliate marketing and sponsorship. Once your blog is suitable to place ads you can make money passively from each and every post that you publish.
Also, Read Top 5 Gaming laptops under 1 lakh in Nepal.
4. Real estate.
Real estate refers to property in the form of land or buildings. If you have money in your hand and the will to generate passive income from that money real estate can be the best way. You can invest your money to buy land or buildings. If you choose the right area the value of the property will certainly grow over time. Once the value of the property you bought grows you can sell it and get a profit. On the other hand, if you buy property or land in an area where there are more opportunities then you can rent it. You can generate huge amounts of money passively from rent as well.
In case you don’t have the money you can also take a loan from the bank and buy real estate property. But you need to be careful about the property you are buying and the interest you will be paying to the bank over time.
 5. Interest.
If you invest your money in the bank or any other financial institute you will get a return in the form of money known as interest. If you have cash money in your hand and are unknown what to do you can invest in the bank or any other financial institution.
The bank or any other financial institute will pay you a return in the form of money each and every month which means you will be making passive income from the money you invested. This is the safest and easy way to make passive income from money since there is risk in stocks and real estate. If you don’t want to take any risk then Interest is the best way to make passive income. Nepali banks provide 7.1% interest on average. It means you will generate RS 7.1 from Rs 100 in a year.
Conclusion:
Finally, producing passive income is critical for obtaining financial independence and living a pleasant life. While there are countless ways to produce money, passive income sources allow you to generate cash without actively participating. In this article, We will take about the Top 5 passive income sources in Nepal . Each of these sources has benefits and drawbacks, and it is critical to conduct a comprehensive study before investing time and money in any of them. Anyone in Nepal can produce passive income and achieve financial independence with the appropriate plan and dedication.
Also, Read: The 10 top online earning opportunities for students.
