5 Ideas to Build Decent Passive Income Online

Empty WalletFinding More Month than Paycheck?

Are you struggling, living paycheck to paycheck, striving towards minimizing your overall living expenses? Then bringing more money into the household should definitely be on your to-do list. While minimizing your expenses can be as simple as nixing fast food or moving to a smaller apartment, it’s often the “making more money” part that’s most daunting.

StrugglingStop Struggling

The truth is that you can stop struggling to get by. Soon, you’ll be able to take your spouse out for a nice dinner and still afford to pay your bills on time. Building a passive income online is your ticket to financial security!

You won’t earn thousands of dollars overnight; legitimate methods of building passive income aren’t get rich quick schemes. Building passive income online will take hard work, hours of research, and patience to surmount the learning curve. But, if you’re willing to work hard now, you’ll earn big rewards later.

Here are five ideas to build passive income online:

  1. Start a blog.
  2. Throughout the startup phase, building your blogging empire will take up quite a bit of your time. You’ll need to respond to reader comments, interact with other bloggers, and create daily posts just to earn dimes. But, once you’ve established an online presence with your blog, you can expect to earn in the range of $100 to over $1,000 per month, just for sharing your thoughts and opinions.

    * Bloggers earn money through several different avenues. However, some of the most common and basic methods of earning passive income through a blog are Google’s Adsense program and other comparable pay-per-click systems, private advertisers, and affiliate commissions.

  3. Write articles for ad sharing websites.
  4. Writing a Articles Ad sharing websites allow you to post articles to their website directory and earn ad revenue each time a visitor clicks on an advertisement next to your article.

    * Taking part in work at home forums is an effective way of getting leads to some of the highest paying ad revenue websites. Some examples of successful ad revenue websites are eHow.com, Bukisa.com and Suite101.com.

  5. Flip blogs for quick cash.
  6. Once you get the hang of it, flipping blogs can be a quick way to make money within just a few hours. Simply purchase a domain name (new or aged), find a unique WordPress theme, and post content on your new blog. After you’ve successfully set up the blog, place it for sale on an auction website, such as Flippa.com or Sitepoint.com.

  7. Sell stock photography
  8. Note how I’ve used them in this article. If you’re a brilliant photographer, put your artistic skills to use and sell stock photography online. Capture images of scenes you think will sell well. Then, visually enhance the photos in Photoshop, if necessary, and place them for sale on websites like stock.adobe.com or iStockPhoto.com.

    * Sales may be slow at first, but remember you’re building passive income that treats you to some nice checks month after month. Once you’ve built up an inventory of several dozen photos, sales will begin to pick up.

  9. Become an affiliate marketer.
  10. Affiliate Marketing As an affiliate marketer, you’ll promote other people’s products online for a commission. Each time you make a sale, you’ll be paid up to 75% of the sale price. Most people who succeed in this field focus on promoting products through article marketing and email marketing campaigns, but there are several strategies you can quickly learn.

    * Writing two articles is unlikely to result in a sale. Write 20 articles and you’re chances increase exponentially. Write 200 articles and you’ll get the ball rolling on some nice commissions.

In time, you’ll be able to pay costly bills and plan vacations without dipping into your paychecks. The key to ultimate success is the ability to remain focused on the end result. Allow your desires to fuel your drive toward financial security. An optimistic mindset and persistence in working to achieve your goal will see you through to online success.

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Please don’t interpret any of this post as some sort of promise or implication of your future earnings. The average person rarely gets any results at all. Kind of like how the average person who buys home exercise equipment rarely ends up looking like the person in the commercials. I don’t know why that is, but I think it’s safe to say it’s true across the board. Here’s the bottom: THIS STUFF IS ALL HARD. And it takes WORK and RISK. On top of that, almost nothing ever works right the first time. At least not for me, anyway. You’ve got to stick with it. Think about it. If business was easy, everybody would be rich. So if you’re looking for a “magic pill” or an “easy button” that’ll make you money, you probably want to skip this post. Better you know now than be disappointed later.

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