Earning $1000 in passive income per month is not a dream: 6 reliable ideas

Want financial freedom but don't have large funds? Legal expert Erika Kullberg offers practical and feasible solutions.

The Steadiest Path: Dividends + Real Estate Funds Open an account with Vanguard or Fidelity, and buy dividend-stable stocks or REITs. For example, invest in real estate funds through Fundrise and receive stable rental income every month. With a principal of $140k at a 9% annual return, the monthly income would exceed $1000. The key is to hold long-term and reinvest.

0 Cost Plan: Sell Digital Products Create eBooks, online courses, and sell templates on Etsy—these can be done once and sold infinitely. Amazon Kindle, Udemy, and Etsy are ready-made platforms with low barriers to entry but require marketing.

P2P Lending Peer-to-peer lending through platforms like Fundrise offers an annual return of 5-10%. Start with a small amount, gradually increase, and let the interest compound.

Other Options Overview Affiliate marketing, operating a blog, renting out parking spaces, YouTube channels, and email newsletters - all can generate passive income, but they require an upfront investment of time to build.

Key Point: Passive income initially requires effort, but once it gets going, it's a way to earn effortlessly. Choose a plan that suits your risk tolerance, and then stick to reinvesting; time will help you accumulate wealth. Remember to consult professionals for tax issues.