I want to earn more passive income, so I asked financial pros how to start with just $500. One of the biggest things I'm working on this year is finding more ways to make passive income. Here are five tips, from financial planners and financial advisors, on how to start making passive income by investing just $500 or less. Start a side hustleIf you ever wanted to start your own business with the hope of it bringing in some side passive income, financial planner Tania P. Brown says you can start with just $500. High-yield ETFs or mutual fundsOne of the first ways I made passive income was through a high-yield savings account, but I've never considered other high-yield accounts.

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Persons: crowdfunding, —, I've, crowdfunding I've, Cynthia Meyer, Meyer, Prosper, Justin Yoo, Yoo, Wealthfront, Read, Tania P, Brown, Alex Caswell, Caswell Organizations: Service