Can anyone earn passive income? Expert reveals how to bring in more cash in 2025
Can anyone earn passive income? Expert reveals how to bring in more cash in 2025
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A side hustle like utilising your extra space at home or investing in stocks can help improve your finances. Households are facing rising bills as we enter 2025 but there are ways to boost your earnings. Passive income may sound like the ideal way to earn money – essentially bringing in cash while doing very little and continuing with your full-time job.
Rather than a full-time job, passive income – also known as a side hustle – is money you earn automatically, often with little effort and without the hassle of going into an office. You will need to take time to find and set up the best type of passive income for you, but once established, it can provide regular small payments into your bank account without you noticing that can eventually turn into a significant sum. That can help provide a substantial savings pot that could be put towards money milestones or to cover daily or emergency expenses.
But is it really that easy? And can anyone do it? We asked Sarah Coles, head of personal finance for Hargreaves Lansdown, to highlight some of the top ways to earn passive income in 2025. If you have a spare room at home, you can put it to work for you. You can rent out a furnished room to a lodger and the taxman will even give you a rent-a-room allowance that means the first £7,500 of income is tax free.
