How Can You Earn a Passive Income With No Money?


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It’s a no-brainer that making money requires skill, expertise, and investment.

What if you don’t have the money? How can you earn a passive income with no money?

If you have been following this blog for the past few months, you’d know that I have been getting more and more excited about the passive income model.

Ever since I got interested in building a passive income business, I’m exploring new ways to earn money online. What I’ve learned so far is that every passive income strategy essentially requires some upfront investment. So it got me thinking, how can you earn a passive income with little or no money?

Then I sat down to write a list of passive income ideas that anyone can pick and get started with building a passive income without worrying about the money. Let me be honest with you: you may require a $20 to $30 investment for some of the passive income ideas, but most of them don’t even require that investment.

You and I know what a passive is, but there might be some readers who would be a little confused about passive income. When I got into blogging, I heard this buzzword passive income but never paid attention to it until a few years ago.

Therefore, I can imagine that some of you might not be sure what a passive is. Let me take a minute to explain what passive income is, and then we’ll move to the cream of this blog post.

earn a passive income with no money or investment

What’s a Passive Income?

A passive income is a business model that requires a one-time investment of time or money, and you are no longer required to contribute to the asset for making money, and it continues to send money into your bank account.

So once you build a successful passive income business, you can essentially reap the benefits for a long period afterward.

For instance, if you have an app or software that you have built and now it’s making money on its own, then it’s a passive income source.

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6 Ways to Earn a Passive Income (With No Money)

It’s imperative to understand that adding multiple income streams should be your goal, but not at the cost of doing an average job. You must choose the right strategy and hone in on the craft before expect to earn money off of it. Take a look at six ways to earn a passive income without spending any money:

1. Sell Photography

I can tell you right off the bat that you can sell photography on the internet to earn a passive income. Do you need a good-quality DSLR camera and an expensive lens to get started with selling photography? The answer is no. If camera gear was stopping you from earning a part-time income from photography, then you need to pay attention to what I’m about to tell you.

Start phone photography; I’ve sold my first photo on the internet, and you can do this too. I also shared a list of best stock photography websites that you can join in to sell photography. I don’t think you’d have to spend a dime for selling photography.

2. Write Ebooks

If you’re a book reader or an aspiring writer, then perhaps it’s time to take charge. Since you don’t have enough money to spare, so writing and publishing ebooks would be a great opportunity up for grabs.

Writing ebooks might not be everyone’s cup of tea, but if you think you have a lot to say on specific topics, then it’s worth it. There is a thing called “self-publishing.” You can publish ebooks on several online book stores without spending a dollar. What else do you need?

3. Publish on Medium or Vocal

Medium and Vocal are popular publishing platforms, meaning you can put out your articles and make money on these platforms. If you have published a few articles on either one of these platforms, and you didn’t see much traction, then you might think it won’t work.

I have seen people making a few hundred dollars off of, and I’m not going to write-off this money-making strategy. The reason I haven’t started focusing on Medium and Vocal is that they use Stripe for monetization payout, and Stripe doesn’t accept users from Pakistan. That’s the only hurdle that’s stopping me from making money on Medium and Vocal.

4. Make a Video Course

Making videos often freak people out, especially if they’re camera shy. I know this because I have been there, but now I have multiple YouTube channels. Check out StartedBlogging’s YouTube too. Anyway, the point is that you can create a series of videos once and make money off it for as long as you want.

I might get into video courses in 2021 and get off the mark by creating a course on Udemy. I’ve known the Udemy platform for a long time, and they have fantastic promotional strategies to help teachers earn a living from their video courses.

5. Create Digital Goods

If you want to get your business off the ground without spending a dollar, then creating digital goods and selling on the internet is one of the passive income methods you can try out. You can create a wide range of digital products such as website templates, landing pages, website scripts, WordPress plugins, audio files, video clips, photos, graphics items, and more.

You can start off your journey through Envato Market. It’s one of the most popular marketplaces for buying and selling digital goods.

6. Build a Niche Site

You can build a niche site to earn a passive income. A niche site is a website or blog that is built around a specific subject or topic.

All you need is to be passionate or knowledgeable about the niche site topic, and you’ll be fine. Once your niche site starts to get some traction, you can run ads on the site and promote affiliate offers in your content.

Niche websites are a major source of bloggers and digital marketers’ passive income. If you do have some expertise, skill, or knowledge, use that to educate people through a niche site. You never know what happens after two years. Check out this free course on building a niche site.

Are You Ready to Make a Passive Income?

I’ve shared a handful of ways to make a passive income. The best part is that you can start most of these ventures without spending any money. Don’t worry if you need to spend $20 to $30, anyway.

The important thing is that if you stumble upon the right thing and it starts to work for you, it’ll change your life. I’ve heard so many stories of people who randomly started a side hustle and started making money, and that’s become their day job.

I’m not saying that the above-mentioned ideas would make you a millionaire, but I can say with confidence that you can earn extra money every month by working on the side.

Did any of the passive income ideas interest you?

Let me know if you found this blog post helpful.