Passive income streams can be effectively leveraged through the gig economy, where individuals can earn money outside of traditional employment by offering their skills and services on various platforms. One popular example of this is freelance writing, where individuals can create content for websites, blogs, and other publications on a freelance basis. Another example is graphic design, where talented designers can offer their services for creating logos, branding materials, and other visual content.

Platforms such as Upwork, Fiverr, and Freelancer.com provide opportunities for individuals to showcase their skills and connect with clients seeking specific services. By leveraging these platforms, individuals can generate passive income by completing projects on their own schedule and terms.

Additionally, the gig economy offers opportunities in areas such as web development, digital marketing, virtual assistance, and more. These diverse opportunities allow individuals to tap into their skills and interests to create multiple streams of passive income.

References:

1. Upwork
2. Fiverr
3. Freelancer.com