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:
Comment by Living Off Dividends & Passive Income
21 6. May 2008, 11:43 pm o'clock |
Here’s a link about using domains to create passive income
Comment by Donald Latumahina
20 1. May 2008, 12:54 am o'clock |
Entrepreneur Life,
I’m glad you find the links useful. Good luck with your passive earnings as well.
Comment by Entrepreneur Life
19 30. April 2008, 11:41 pm o'clock |
There are some really good and interesting links up there. Thanks for sharing and good luck with your own passive earnings. I am most interested in online passive income personally.
Comment by Donald Latumahina
18 9. April 2008, 12:34 pm o'clock |
You’re welcome, Kelly!
Comment by Kelly Martin
17 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
16 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
15 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!
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# 10. June 2008, 8:34 am o'clock |
[...] 20+ Free Passive Income Resources [...]
Pingback by 50+ Resources to Legitimately Raise Your Income | My Super-Charged Life
#1 12. April 2008, 9:21 pm o'clock |
[...] 20+ Free Passive Income Resources - Passive income can help you make more money now and possibly put you in a position where you can [...]
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#2 12. April 2008, 12:01 am o'clock |
[...] Optimizer lists several free passive income resources. There has been some debate over whether passive income is really passive, but I think the term is [...]