Passive income is our key to financial freedom. The more passive income we generate, the less dependent we are on our job. At one point, when our passive income exceeds our expenses, we can stop working anytime we want and still live the lifestyle we desire. That is financial freedom.
But passive income takes time to build. You can’t expect to start working on it now and be financially freedom next year unless you are very lucky. So the best time to start is now. The earlier you start working to build your passive income, the sooner you will reap the results.
That’s why I put together this list of free passive income resources. There are a lot free passive income resources out there, but I put only the useful ones here. I hope this list can be a starting point and a companion in your journey toward financial freedom. The list starts with the definitions followed by the e-books, articles, and audio resources.
Definitions
- Passive Income (Wikipedia)
- Passive Income (Investopedia)
- Financial Freedom (Wikipedia)
E-Books
Articles – General
- Automate Your Income to Simplify Your Life
- Two Simple But Powerful Rules to Achieve Financial Freedom
- The Simple Dollar on Passive Income
- Five Ways to Create Passive Income With Little or No Money
- Passive Income Strategies
- How Should I Create Passive Income?
- Building, Diversifying, and Shifting Your Income Streams
Articles – Internet Marketing
- 5 Ways To Make Passive Income On Your Website
- How to Make Money From Your Blog
- Building an Online Empire: 16 Types of Websites You Can Create for Profit
- Top 10 Internet Home Business Ideas You Can Start and Run in Your Underwear
Articles – Miscellanous
- Building a Foundation: Ten Things To Do First If You’re Looking At Starting Your Own Business
- Real Estate :: The Ultimate Passive Income
Audio
Bonus – Recommended Books
While collecting these resources, I noticed that there are several books which are often mentioned regarding passive income. These books are not free, but I add them here in case you want to learn more about the subject. I have read all of them except the last one. Here they are:
I just started to learn on how to generate passive income. Your article give me some ideas on how to start with…
Budi
Read lots of blogs and you’ll find sites on them that you can make income from. That’s what I do.
Hey! I know I’m a bit late, this post is old, but I had to take the time to congratulate you for having written SUCH A GREAT POST!
Some serious valuable information right here!
THANKS!
I love passive income. Keeps the bear from the door. Being a designer means you have loads of options for creating passive income.
Good resourse of passive income is this one…take a look,maybe you will like it.
some great links here. Really useful post. Thanks
Fairly new to the internet marketing game looking for good way to make some residual income and generate a good income stream have tried many things any recommendations?
Hi Kirk,
There are many ways to make residual income. One is to offer free Rx discount cards. You make money, per script, each month.
Another way is to sell discount dental plans. You get 35 percent per dental program sold. Feel free to contact me at tan.frazier@gmail.com
Hi Donald. Yes I too would love to reach that position where we can hang up our hat.
Edward
Thanks for another great article, Donald!
As a budding Entrepreneur I’d love to hear more about your preferred passive income streams and how long it took you to develop them.
Cheers,
Jason
Nice article.
Do you leave off passive income?
Great resource list! I would like to see a list of top-quality blogs dedicated to passive income as well though.
Great Post, your ideas is still working nowadays, thanks for sharing :)
Nice list, a lot of good solid information. There is tons of resources out there on the interweb, you just gotta look.
Very Nice
I am also looking for passive income on the net. Have already read 4 ebooks mentioned. I wish to achieve $50 per day target by year end. presently reaching $3 per day only. If you have any sites or ideas, please inform me on my mail.
Regards
Hi,
There are a few ways to make passive income. Giving away free discount cards is a good way to make monthly residual income. Contact me at tan.frazier@gmail.com and I will give you the details.
nice, very nice…
This is very informative and inspiring to think about your finances this way.