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How to Create Passive Income Online - Free Passive Income

By Edited Nov 13, 2013 4 2

Have you ever wondered how to create passive income online for free? There are many people out there for have created multiple streams of passive income from online businesses. Generating passive income isn't exactly easy at first, but it's very possible. With the right knowledge and a little effort in the beginning, you too can become a master of passive income!

Why are Passive Earnings Better Than Normal Earnings?

Income opportunties that are passive are much better than "earned" income because "earned" requires your presence and 100 percent of your effort. This is money you make from your job and you most likely have to commute which also costs money and time!

However, passive earningsis money that you make that doesn't require your presence or your effort, although it may require your effort in the beginning.

There are many different forms of passive income, some that require money and some that don't. Some require more effort than others - some barely require any effort at all!

Below I've listed a number of free passive income sources that should help motivate and inspire you to begin making money online right now!

Passive Income Secrets - Good Resources on Different Passive Income Investments

The best way to learn how to build multiple, meaningful sources of passive income is to learn from the pros who have been there already!

1) - Great Passive Income Ideas - This article explains nearly all the different types of earnings you can make passively from sources such as real estate, online businesses and blogs, and investments.

2) - The Smart Passive Income Blog by Pat Flynn - Pay Flynn is an expert at SEO and keyword research, and makes thousands of dollars every month passively from his blogs through Google Adsense and affiliate programs such as Amazon.

The best thing I like about this blog is Flynn's full transparency. He gives you detailed monthly income reports on just how he makes his living online. Really cool!

For example, in November alone he made over $47,000 in passive income from his online businesses! (www.smartpassiveincome.com)

3) - JCMayer777 and Others on InfoBarrel - JCMayer777 makes thousands of dollars a month from his blogs on InfoBarrel IN HIS SPARE TIME!

He admits that he's not the best writer on InfoBarrel, but what he does so well is SEO and LSI, maximizing his passive income from his blog articles.

InfoBarrel is free to join and many people make pretty good amounts of passive income every month.

They also offer a generous revenue share with their bloggers - you can make up to 90 percent adshare if you earn 30 points a month in their writing contest and submit 5 articles to be featured! (A 1,000 word article nets you 5 points, for example).

Best Passive Income Books

There are a number of great books on how to earn a passive income.

Earning Passive Income with MLM

Passive Income 101: a story of paying for college without selling your soul
Amazon Price: $12.95 $9.83 Buy Now
(price as of Oct 11, 2013)
This is a great book I just read on my Kindle that tells the story of a high school girl right before she graduates high school.

She picks up Kiyosaki's "Rich Dad Poor Dad" and learns why earning a passive income beats the 9 to 5 job that everybody works.

Some things you will learn:

- What to look for in a home-based business.
- The potential of network marketing.
- The importance of cash flow

Best Online Passive Income Book

Your First $1000 - How to Start an Online Business that Actually Makes Money
Amazon Price: Buy Now
(price as of Oct 11, 2013)
Shows you a 7-step plan for building a profitable website and earning passive income very fast!

Passive Income Real Estate

Investing in Income Properties: The Big Six Formula for Achieving Wealth in Real Estate
Amazon Price: $39.95 $21.38 Buy Now
(price as of Oct 11, 2013)
Earning a passive income through real estate is perhaps the best way to become rich.

You can make money in cash flow AND in building up equity when your tenants pay off your mortgage. Then you can use that equity to buy more cash flowing properties!

I hope I've motivated you to at least consider trying to add some sources of passive income in your life!

Thanks for reading this article on creating passive income online for free and other forms of passive income.



Jan 9, 2013 7:33pm
Excellent article on how to create online and offline income.
Oct 6, 2014 7:19pm
I like the ideas and it would be wonderful if I could do them all but I have to stick to sources that are within reach. Still a resourceful article.
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