Passive incomeLooking for a way to earn some extra cash without too much extra effort? Here are three “passive” opportunities that you may want to explore.Just because you have a full-time job doesn’t mean you can’t explore other money-making opportunities. In the current economy, now is a great time to think about a side hustle.

Passive opportunities that don’t require daily, hands-on work are usually a good fit for anyone who’s already employed. Here are a few ways you can start earning more money to pay the bills, afford a big-ticket purchase and/or save for retirement:

1) Put your savings to work.
With the Credit Union's share certificates rate at the highest it has been in quite some time, there's never been a better time to put funds parked in a share savings account into a share certificate for a dramatically higher return.

2) Invest in rental real estate on a short- or long-term basis.

Rental real estate income can help you build passive income, and the Credit Union can help you finance that investment. Short-term rentals can be advertised on Airbnb or VRBO, or you can rent your property on an annual basis to a full-time resident. The Credit Union offers a number of business loan options and have advocates ready to offer further advice.

3) Get into affiliate marketing.
Your personal blog or social media channels are good passive income opportunities. Accumulate enough followers, develop your marketing skills and you can earn commissions when people click on the ads or promotional links placed on your sites/channels by other companies.

4) Sell a course online.
Mastered an art or knowledge or a skill in high demand? You can develop a course — or a series of courses — and sell it online. Use platforms like Udemy or Thinkific to create and launch your courses.
Bridget McCrea is a Florida-based freelance writer who covers business, technology and supply chain for a variety of publications.