Wordpress.com blogs are free to setup and are a great platform for making money online with passive income.

I like using free Wordpress.com blogs to setup passive income streams in niches that have almost no competition, but decent traffic. You can set one up fairly quickly, as seen in the last post, and you don't have to invest any money to get it started.

Published in Passive Income

Starting A Website with no money is pretty easy to do, and thankfully doesn't require any technical skills. This tutorial shows you how to set up a website on Wordpress.com with no money out of pocket that is designed to make money through passive income. I have found that a lot of people are hesitant to start a website because there's usually an investment money involved to get started, and that's something we might not have when we're just starting out.

Published in Passive Income
Tuesday, 09 August 2016 01:00

Automated Income With Passive Income 101

What Is Passive Income and Income Automation?

Passive Income and Automated Income are two terms that mean the same thing, and that is simply the act of making money without actively being involved during the sale or transaction of money.

Working at a 9 to 5 job is active income because you physically have to be either at the job or working in order to be paid. The vehicle to make money in this situation is time. Without putting in the time, you make no money. 

Other types of jobs, ones that are task based, for example also are an example of active income. You have to actually complete tasks in order to be paid here. The same is true with freelancing and subcontracting.

Passive Income, on the other hand, doesn't require you to be actively involved in order to bring in money. Passive income can be made while you're sleeping, eating, in a meeting or even when you're out spending time with your kids. 

Published in Passive Income
Thursday, 04 August 2016 14:35

Passive Income & Make Money While You Sleep

Sounds Good Doesn't It?

The idea of making money while I was doing other things has always appealed to me. The idea that I could have some kind of mechanism that brought in extra money regardless whether I was actually sitting in a boring corporate meeting or out spending time with the family is luring for sure, but is it actually possible?

The Internet is the vehicle that actually make it happen. I know it works. I've seen it happen. I bought a car from what I earned in a single month.

Published in Passive Income