How to Build Passive Income

Think of passive income like a garden. You plant seeds and tend to them early in the spring. As they grow and mature, they produce vegetables for you to eat over the coming months with little to no additional work needed. Setting up a system to earn passive income is the same way.

You do the work today to prepare your seeds to mature and grow and help you to make money for months down the road.

When it comes to building passive income, there are usually two ways that people think about it. You can either invest some money now into your plan to get it going or you can attempt to go with the free options. The good news is that you have very limited funds and still want to give this a go, you can easily use the many free options that are out there.

Squidoo

This is Squidoo. It is an amazing site that allows any one to publish what is called a lens. You can then earn passive income on your lens. Think of a lens like a mini web site or even an article with accessories. There is a great opportunity to make money online from this site and plenty of free resources to teach you how.

Sign up for Squidoo HERE

InfoBarrel

Infobarrel is a site that is on the newer side in the passive income world. It does have a buzz growing around it. The owners of the site are very generous when it comes to the percentage of the earnings that you can get with your content. There are contests each month where you can get your percentage of revenue up to 90%. This is a great place to build an article portfolio to help you to be earning each month.

Sign up for InfoBarrel HERE

Hubpages

Hubpages has been seen often as being very similar to Squidoo. You publish what is called hubs, again think of these as articles. There are many ways to make money online with this site. You can earn through your own adsense or through the sites new ad program. There are a great many people making a great passive income with this site.

One of the downsides of choosing one of the free opportunities listed above is that you do not own the web site that your content will be on. This means that the rules of how you can publish and earn can change at any time. You could have content pulled down because a site owner does not like the affiliate link that you included in the content.

The investment that you need to make is very minimal if you want to own your own site or blog and start to build passive income. For the fact that you will own everything and will be in charge completely, the low price point is more then worth it. For about $10 a year, you can purchase a domain name. From that point you need to get a hosting plan to put your site or blog on. The best place to go to do this is Hostgator. For about $10 a month, you can have unlimited sites hosted and a great customer support team to get any help that you might need.

Build your own site at Hostgator HERE