I am sure you have seen ads on the Internet promising you an income opportunity where you can supposedly make thousands of dollars even when you are sleeping.
But, just like most myths and hyped up stuff, there is always some kind of truth to the whole story. So, I started digging in to find out if you really can get paid to sleep. The results are nothing short of amazing.
Here are 4 ways you could possibly earn extra money in your sleep:
1. Participate in paid sleep disorder studies
The best way to earn decent amount of money for sleeping is by participating in paid sleep studies. If you have any kind of sleep related disorder, you can take part in paid research studies that try to understand sleep disorders such as narcolepsy, insomnia and sleep apnea.
To be eligible to participate in such sleep studies you must have the specific sleep disorder that the study is about. And often, you have to spend a few night at the clinic where the study is being done in order for conductors to monitor you while you sleep.
You can usually find these kinds of paid studies by contacting local clinics.
2. Participate in paid sleep studies
Another way to get paid for sleeping is by participating in clinical sleep studies that are done by sleep labs and university medical centers. These studies don’t require you to have any specific sleep disorder, so anyone can take part.
You can get paid anywhere from $100 to $2000 or even more depending on the length of the study. You can find paying sleep studies by contacting your local university labs, keeping an eye out for sleep study ads on Craigslist and your local newspapers.
3. Do overnight baby sitting
An easy way to make money while you sleep is through overnight baby sitting jobs that pay you for the whole night regardless of whether you were sleep or awake. Finding overnight baby sitting jobs can be done through Craigslist, as well as by letting family and friends know you are available to babysit for them overnight.
4. Set up a passive income stream
While I personally hate those hyped up ads that promos you will make a fortune while you sleep, there is a little bit of truth to that. You can actually make money while you sleep by setting up a passive income stream such as blogging, Internet marketing in general, e-commerce sites, etc.
Of course, it takes lots of hard work and dedication to build and maintain a successful passive income stream online, but once you get there, you do practically earn money in your sleep.
Take blogging for example; Once your blog starts to receive decent amount of traffic, you can make money by advertising on your site (selling ad space), selling products and services as an affiliate, selling your own eBooks, digital goods, etc.
At that point, you do actually make money while you sleep, because your blog will be up and running 24 hours a day. And while it may be 3 AM in the US where you are in deep sleep, it can be 2 o’clock in the afternoon elsewhere in the world, which means many people will be visiting your site.
So, as you can see, it actually is possible to earn money while you sleep.
If you are just looking to earn some extra cash, participating in paid sleep studies and overnight baby sitting would be great option for you, and for those who want to build a business that would make them money literally while they sleep, setting up some kind of passive income stream such as a blog is a great option.