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The solution to debt is simple: make more money.

Okay, we know it’s not as easy as all that, but creating a few sources of passive income (money coming into your account on its own), is one of the best ways to keep that cash flowing.

While it can be tempting to just ignore your debt and hope it goes away, you will feel so much better once you take control of it, and find ways to pay it off faster. Unfortunately, if you don’t pay off your loans, your creditors are likely to pass your debts on to a debt collection agency (like Stirling Park), which can damage your credit score.

Finding passive income business ideas to pay off debt is easier to do than you think, especially in our highly connected, digital world. Investing in company stocks is one of the most obvious examples, as well as things like renting your parking space to stressed-out, carpooling moms.

In this article, we’re going to explore 9 passive income business ideas that you can use to make some extra money and get yourself out of debt for good.


The best passive income business ideas to deal with debt are to create and sell an online course, become a landlord, rent your car to Uber or Lyft drivers, run adverts on your websites and do affiliate marketing.

You could also create Youtube videos and make money through sponsored Instagram posts, create and sell viral videos, write or commission e-books and sell your own print-on-demand designs.

Let’s dive right in, and look at the 9 best passive income business ideas to deal with debt.


1. Create an Online Course

Create an online course once, and live off the profits forever. If you have knowledge in a particular area, whether that’s spreadsheets or sewing, invest some time in making your own course and sell it either on your own website or a platform like Udemy. Every time your course sells, some of the money will drop into your bank account, helping you shift those debts.

2. Become a Landlord

You don’t have to go and buy a whole new property to be a landlord (although kudos to you if you can). If you own your own place and you’re struggling with debt, a great way to make some extra cash is to rent out your home or part of your home as an Airbnb or use Spareroom to find a lodger. If you live near an airport, you can use AirCrewAccommodation to rent a room to aircraft staff, especially once international flights start happening more frequently. The best thing is, you can make £7500 tax free on renting a room.

3. Rent Your Car to Uber or Lyft Drivers

Not only can you rent your home for extra cash to pay off debts, you can also rent your car! Websites like HyreCar will help you rent your car to Lyft and Uber drivers who don’t have or don’t want to use their own vehicle at work. Rather than your car sitting there in the driveway, collecting dust, it could be zipping up and down the roads, making you a cool $12,000 a year. Not bad.

4. Run Adverts On Your Website

If you have your own website[s], using Google Adsense to display adverts could get you a significant passive income stream to pay off your debts. Adsense works by connecting relevant ads to the content of your site, and pays you according to the amount of people who click on your ad (pay-per-click) or view it. Obviously, the more traffic you have coming to your website, the more money you will make on ads, as more people will be engaging with them. The amount of money you make from ads also depends on which niche your website belongs to, as well as the quality of your content, precision of your user data and your on-page performance. The highest rates of pay-per-click are for dating, financial and consumer services, as well as B2B, legal and real estate.

5. Do Some Affiliate Marketing

Affiliate marketing is an amazing passive income opportunity in 2021. Once you’ve created a platform or website that companies are happy to sell their products on, the passive income will keep ticking over, helping you clear your debts.

Affiliate marketing is the act earning money from promoting another person’s or company’s products. The good news is that most big brands all have affiliate programs, so you can use these to connect with companies and get paid to link to their products.

6. Start Blogging

Blogging is a great way to get into affiliate marketing, especially if you own a powerful website that ranks at the top of Google for high-volume keywords. Your blog is a goldmine for affiliate marketing income, as once you craft some expert content that you know will rank well, you can sit back and watch the cash roll in from your affiliate links.

7. Produce E-Books

If you write an e-book and it’s popular, you’ll make money every time someone buys it. Saeed Rajan of Escape Your Desk Job took this one step further, and hired a ghostwriter to write e-books which he then sold. That’s around $2700 a month for publishing books he didn’t have to write. We have to say, this man is a genius. So if you love writing and you’re a stellar writer, go ahead and write and sell some e-books! But if you’re not a natural wordsmith, it doesn’t matter – invest in a good ghostwriter and get those profits rolling in.

8. Make Print On Demand Designs

Creating designs or catchphrases that people can pay to get printed on t-shirts is also a great way to make extra money to pay off your debts. Merch by Amazon allows you to upload designs that you’ve created, and every time someone buys merchandise with the design, you make a few dollars. If you manage to make a popular design, the profits can add up nicely, especially given that Merch by Amazon is free to use. There are other print on demand websites such as Teelaunch and Printify, but just be careful of how much you’ll have to pay in shipping costs for products with your design on them.

9. Create Viral Videos

Did you know that you can make a quick buck filming an exciting or dramatic video, and then selling it to news and broadcasting companies? If you happen to find yourself in the middle of drama (if. say, a giraffe’s wandered into the grocery store), whip out your phone, press record and wait for the money. If you want to make regular money out of videos, you’ll need to make sure you’re at the centre of big events like festivals and protests, where things are more likely to get exciting (sadly, giraffes don’t wander into grocery stores every day).

South West News Service (SWNS) is one of the biggest media content agencies in the UK and US, and they operate ‘’. If you have some amazing video content, you can upload it and get paid for it if it’s engaging enough.


Now that we’ve gone through 9 passive income business ideas to help you deal with debt, we hope you’ve found this an inspiring read. Generating passive income is one of the most dynamic ways to deal with debt, and it’s extremely satisfying to see your balances go down without lifting a finger.

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