$1K monthly passive income, lawyer provides 10 ways

GasGuzzler · 2025-12-01T17:58:51+00:00

Lawyer and financial expert Erika Kullberg proposed several ways to achieve a passive income of $1000 per month, including investing in dividend stocks or REITs, creating e-books or online courses, and participating in P2P lending, among others. The key lies in the initial time investment, which can lead to returns later. Tax issues should also be taken into consideration.

GasGuzzler

2025-12-01 17:58:51

Abstract generation in progress

True passive income in the early stages is actually not “passive”—it requires time to set up the framework. But once it's up and running, the money comes in on its own.

Financial expert Erika Kullberg, who has a background as a lawyer, summarized several ways to earn a passive income of $1000 per month:

Investment side: Dividend stocks or REITs (Real Estate Investment Trusts), which provide regular dividends. For example: invest $140,000 with an annual return rate of 9%, and you can earn over $1,000 a month. Platforms like Fundrise and Arrived can be used for this.

Creative End: E-books, online courses, printable templates that can be resold once created. Kindle, Udemy, and Etsy are good places to start.

Lending Side: P2P lending or crowdfunding platforms, with annual returns of 5%-10%, and some can reach over 10% annually.

Other ways to play: Affiliate marketing, blogs, renting parking spaces/storage rooms, YouTube channels, newsletters…

Core logic: It's either money making money or zero cost (shooting videos, writing tutorials), the key is the initial time investment. Also, don't forget to pay taxes.

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