Best Ways To Make Passive Income As a Programmer

Welcome back! Programming is (sometimes) one of my favorite things to do, but one of the coolest things is to make passive income with your programming experience, so, let’s talk about a few ways to do that. First of all, these passive income methods will require a bit of work up front, but they could lead to passive income over time, let’s begin!

Developing & Selling a SAAS

First up we have SAAS development and selling, what is a SAAS? It stands for software as a service, some famous examples of a SAAS are: Microsoft Office (Excel, Word), AWS, Dropbox, etc. Here’s the thing, developing a SAAS isn’t an easy thing at all, tons of research and development needs to be put in to even have a profitable SAAS, but if you’re able to deliver a product to the world you can make tons of passive income. Here is a basic layout of how a SAAS is created: software is created > website / store front is created > user buys / uses SAAS from website > SAAS owner is paid. You really only need to create the SAAS and the website, after that the sales are pretty much passive but time must be spent on managing and updating the SAAS.