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 passive income resources. There are a lot 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:
Comment by Donald Latumahina
17 9. April 2008, 12:34 pm o'clock |
You’re welcome, Kelly!
Comment by Kelly Martin
16 7. April 2008, 11:12 am o'clock |
I have read a few of these thwy are great thank you
http://www.teachingutomakemoney.com
Comment by Donald Latumahina
15 13. March 2008, 5:10 am o'clock |
JRE,
You’re welcome. That you have paid off your debt with passive income is amazing. Internet marketing is also something I’m interested in.
Comment by JRE
14 13. March 2008, 1:58 am o'clock |
I found this page on del.icio.us. Thanks for the great article. I am like other’s here. I found out about passive income from Robert Kiyosaki too. While I may not be rich yet I have paid off a ton of bad debt from passive income I have made in Internet marketing.
Thanks for the share!
Comment by Donald Latumahina
13 26. February 2008, 12:11 pm o'clock |
Richard,
I first learned about passive income from the book Rich Dad Poor Dad. But then I read about it from many sources. Thanks for stopping by!
Comment by RICHARD MATHMAN
12 24. February 2008, 11:42 am o'clock |
I read the first few lines of this thing and I am already considering linking to it and its a good resource
! Your passive income exceed your expenses you can quit your job anytime and still live the lifestyle you want. Great stuff, where you get this from.
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# 12. April 2008, 9:21 pm o'clock |
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