10 Passive Income Streams for Programmers
Programming is the process of performing a particular computation, by designing an executable computer program. Programming has certainly been a demand of the era, people can scale great height because of this very skill of programming, being of the highest paid job in the computer field.
Apart from the regular employment, programmers can also generate certain passive incomes as cherry on top. so here are a few ideas for the same.
1. Programming a game and selling:
2. Blogging:
Programming can a great type of blogging material since there are lots of topics to be covered and if you are an experienced programmer certainly you can produce valuable content which will certainly have great exposure. Here programmer can create his or her blogging platform right from the scratch and upload their blog which can also help sharpen their programming skills and blogging skills as well or else programmer can outsource the blogging platform and can create a subdomain under his/her name on the platform and post blogs/writeups for like and views, The Readymade platform also provide monetary benefits if the content you post has views in millions , also the platform allows the creator to post ads in the blogs since they also generate some revenue.
3. QnA/Forums:
Forums are platforms where people with like minds come together and exchange their thoughts or express their views regarding some common topics. Programmers can create this kind of platform for the budding programmers and the experienced one’s and hereby creating a community of naïve and experienced programmers helping and solving each other’s problems and this platform also could be monetized by attaching ads or selling the access to content or conversation by subscriptions.
In some ways, programming is like painting. You start with a blank canvas and certain basic raw materials. You use a combination of science, art, and craft to determine what to do with them. - Andrew Hunt
4. Tutorials:
Tutorials certainly have been of great help to us in pandemic situation since everything was online and this was the only way to develop skills and gain knowledge. The programmers can therefore create video, audio tutorials and upload them on the available platforms like Udemy, coursera etc., this can also be a great source of passive income since the content posted by you will be bought by the learners according to their needs and requirements so there could be continuous cash in flow for the creator since the purchases are dense and random.
5. YouTube:
Like the above stream the programmer can create video and audio tutorials and post them on the you and once certain number of views are reached the content can be monetized and advertisements can also be added by the creator or YouTube also.
6. Affiliate Marketing:
This is also one of the most easy side hustle , all you have to do is generate an affiliate link from the marketplaces like Amazon, Flipkart etc. and paste the affiliate link into your platform like Blog, Website, Forum, YouTube etc. As and when the viewer will visit your platform and visit the affiliate link and the buys the product you will be provided with some amount of the total purchase he/she does. That's Called as a Commission what you'll get on the particular product. It based on some % of the product and also depends upon the category of the product. Not Only the Link, but at that time, if he/she purchase more than other products you'll also get commission of those products.
7. SEO:
SEARCH ENGINE OPTIMIZATION has been in the trending since past few years, so what exactly is it. It is the way in which the keyword and the context of the platform are designed which can help optimize the contents searches and thereby increasing the site visits and views. Programmers can learn this skill and can act as a freelancer for the clients helping them scale their platform digitally.
8. UI/UX Design:
User Interface and User Experience Designing this skill can make the programmer rich even if done as a side hustle because of the great demand. This skill is usually based on ability of the programmer to design the user interface in such a manner that the desired goal of the client should be achieved and successful engagement of the user with the content should happen. User Experience comes into picture when the user is done exploring the platform and record of the same are being logged by using certain UX tools and then the records are then analyzed to improve the user interaction, UX can also be used to find the likes and dislikes of the contents and therefore molding the content according to user liking so to ensure continuous content consumption.
9. Bug Bounty:
One of the most loved side hustles of the programmers having interest in the Cyber Security field. Bug bounty is where the hacker/programmer tries to analyze and search for bugs on the working platforms. This is done using the readily available tools on the internet through automation and can be done manually. Once the flaws or bugs are found in the software or platform, they are reported to the concerned authority of the organization who owns the software or platform and as exchange of this information the organization can provide the bounty hunter with one-time monetary benefits.
10. Creating or flipping NFT’s:
Also a recent trend of web 3 technology where in you create or design a non-fungible token and sell them on the marketplaces using the available crypto currencies.
NFT stands for Non-Fungible Tokens
They are generally used as a form of investments in the crypto world and can be used in the metaverse as a mascot for your character there or as a collectable. The usage will generally depend on the buyer, it is up to their will that they can just flip it, sell it and enjoy the royalty or can hold it and sell after certain percent of profit is made. Crypto wave is here and riding it will surely help to get rich.
So, these are some of the passive income streams which can support you to grow financially and also can be helpful to gain knowledge in different subdomain of the computer field. So, stay tuned for the next blog hope to see you very soon. till then adios.