Passive Ways to Earn Income for Filipinos


We all want to earn money without being slaves for eight hours a day, five days a week.


Want to know the secret of some of the richest people?


Passive income.


Wait, do not imagine just lounging around at home while occasionally standing up to catch money from the sky. Passive income is the money that you get, well passively, after working hard for it first. It may involve research or huge investments or setting up a business system or all of them together. Bottom line is, you need to work hard for it first before you feel the difference.


The difference between passive income and your regular income is that in your regular job you are paid by the hour. The moment you are absent or stopped working, money will stop as well. Whereas in passive income, as soon as you’ve set up, money flows in regularly without needing to work for it all the time.

Here are 5 ways you can earn passive income:


High Yielding Savings


Saving your money is always a good thing but do shop around for banks that can give your savings better interest rates. At the same time, make sure that the bank you choose is trustworthy. If you plan to save money here in Philippine banks, remember that only up to P500,000 per depositor is insured by the Philippine Deposit Insurance Corporation (PDIC).


Stocks and Bonds


These things are not for the faint-hearted. The value of a stock can go up and down and you may end up losing your money if you are not strategical. Investing in stocks require some research, a reliable gut feel, bravery, a bit of luck and some extra cash to invest.


Image Credit: journeyman62

It would be a good idea to sit with someone who really knows the ins and outs of the stock market before taking the plunge.


Rental Property


For those with a lot of cash, you might want to consider buying property- a house or maybe units- and have them rented out. I know Australia’s property is really up there, but you can instead buy in the Philippines.


Just make sure that you choose the right location – perhaps one that is around schools and business hubs like Manila, Makati, Bonifacio Global City, Taguig, Ortigas, Eastwood and Cubao to name some in NCR. Land here are a bit steeper than those outside the city but these areas are busiest with lots of people coming in from far flung provinces to work and rent a room or a house. Expats running businesses in the Philippines are a plenty as well.


rental property


Research your market well and take into account how you are going to get their monthly pay for the rent (consider post dated checks) and also the possibility of needing to have regular renovations for the upkeep of the house.


As soon as you get good paying renters, you get rent money monthly. If you have a 3 door apartment for a modest rent of P8000 then you will get P24000 a month. It may not be much if converted to AU but you can save the money in a bank here and save it for a rainy day or as additional funds in the future.




Are you good with words or are you an expert in some field? Why not write a book about it. You can sell it on ebay or itunes or sell it to traditional publishers. Both ways you earn.  Make sure you get royalties in your contract too so you can earn every time your book is published and/or bought (depending on your contract with the publisher).


Composers, singers and musical arrangers or even photographers can also earn through royalties.


So, find your passion and expertise and share it to the world while earning royalty fee on the side.


Online Business


This is relatively new and one that does not need too much money to start but it may get a little tricky at first especially to those who are not tech savvy.


online business


There are several ways to earn online. You can open an online store to represent a real physical store or open one that sells and ships products. If you do not have anything to sell then blog. Chose a niche and write, write, write. Your blog can earn through Google Adsense and Pay Per Click or becoming an affiliate.  There are also several self-made millionaires who started their empire on Youtube.


Explore all these options and know about them well so you can get an idea about how much work you need to put into setting the website and/or blog.


Now that you know some of the things that can give you passive income do your own research and find out which one of these suits you best. Do know as much detail you can find out before jumping in.


Good luck!

Candice C

Candice is a school teacher and a mother, She loves writing about practical guides and of course, parenting advice.


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