From renting your drive to Airbnb hosting, five ways you can earn easy money without getting off the sofa
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NEED to pay off a big Christmas credit card bill or just want a bit of extra cash in 2025? It may be simpler than you think. Here, Laura Miller explains how “passive income” works and suggests five easy ways you can get involved. PASSIVE income refers to income generated with little to no work. The idea is that once you find a way to create a passive income, it ticks over almost by itself.
Anyone can earn up to £1,000 a year tax-free from a side hustle, through the “trading allowance”. But this income must be declared on a self-assessment tax return. Traditional sources of passive income include rent from buy-to-let properties and dividends from investments.
But there are other ways to get involved that don’t require much cash up front. YOU could earn hundreds of pounds by getting deals on social media pages you manage. Tom Gill, 39, who lives in Surrey with wife Carla and their one-year-old daughter Riley, uses Facebook groups to make extra income from his campervan business, Bearwood Campers.
Tom runs three campervan-related Facebook groups which give him a passive income of almost £11,000 a year. He makes around £5,000 a year from partnerships with campervan-related companies looking to promote themselves on his social media groups. He makes another £3,000 a year selling campervan festival wall planners through his Facebook groups, and £240 a month from a partnership with a campervan insurance company he promotes online.