Passive income is money generated from assets that you have previously invested in or worked on. In other words, you put your time and money into it and then reap the benefits later with less effort than you put into your 9-5 job.

Ways to Earn Passive Income Daily

1.Leveraging free cashback platforms

Many people do not know that getting Cashback is a way to generate endless passive income. This is more practised in advanced countries. Some online shopping platforms offer Cashback for purchases made on their site.

Surprisingly we have such platforms in Nigeria too but very few. The one that comes to mind is Escamenu. Whenever you order food or beverages on on the platform, you get up to 3% cashback of the total amount spent, without doing any work. And it's totally free to use the platform

You can see this short post below to see how it works.

https://www.escamenu.com/blog/esca-free-cryptocurrency-cashback-how-it-works

2. Affiliate Marketing
This is the practice of promoting an individual's or company's services, products, or services in exchange for a commission on each resulting sale.

Simply put, your job is to connect potential buyers with sellers from whom they can buy. You are then paid a commission on each sale made by the seller as a result of that interaction. When done well, it can earn you decent amounts but much work is required

3. Blogging

I'm not referring to news or gossip blogs. Yes, they can be profitable but they are already saturated and to succeed in them will demand huge investment and work.

If you want to generate passive income using blogging, niche-blogging is the answer. You choose a particular niche like education, oil and gas, nutrition etc and start creating content around it. You can monetize it with paid ads, adsense, course sales etc. But there's much work involved.

For now, #1 is still the easiest because it doesn't require any work.

To be continued.