How To Make A Passive Income From Home – 3 Easy Steps!

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Are you stuck at a job you don’t love, doing tasks you hate? Maybe you don’t mind your job, but wish you could work from home and be your own boss? Even better, what if you could create passive income? Do you wonder how to make a passive income from home?

The number 1 problem you’ll encounter if you search the internet for how to make a passive income? How do you know what will work for your unique situation. Keep reading! I’m going to share what I’ve found is the answer to how to create passive income from home!

What is Passive Income & Why Should You Care?

How to make passive income

You earn active income when you get up and go to work, accomplish tasks (hopefully), and return the next day and repeat. Usually, you continue to earn your paycheck as long as you keep on working. But, if you stop doing “work” or stop showing up, eventually the income will STOP.

Passive income, on the other hand, does not require YOU to be actively engaged for the money to keep flowing in. You earn a regular cash flow even when you aren’t actively participating. A good example of passive income is the cash flow from rental property. You own the property and have to maintain it, but month-after-month you will earn rental income, as long as you have a tenant, of course.

Why should you care about passive income? If done correctly, you can set up a passive income stream and be able to rely on it indefinitely. There will be some maintenance, just like with a rental property. You can even expand it and see growth (just like getting more rent for remodeling the rental). Interesting, right?!?

3 Reasons You May Be Wary

Before I get to my 3 easy steps to making passive income at home, let’s confront those concerns you might be having…

First – do you have to have money to invest to make passive income? Well, for some methods you do – like rental property. But there are other ways to make passive income with little to no investment!

Second – how do you know if you’re getting scammed? Scams are everywhere today. Every time you turn on the news you hear of some new scam, breach or hack that has cost people tons of money. I’ve found the only way to make sure an offer is legit is through taking time to learn all you can about the opportunity.

Third – you’re already busy, how will you have time to create a new income stream? That’s a good one and the reason I delayed starting sooner. I’ve got some helpful tips below! Note: this post contains affiliate links (just basically means that if you buy something I recommend, I may earn a small commission – thank you!).  Please read my affiliate disclosure for more information.

Here Are My 3 Steps To Create Passive Income!

How to make passive income

I’ve been very interested in creating a passive income stream for quite a while. I’ve scoured through blog posts and Pinterest pin ideas, learning as much as I can. I’ve written a couple other posts that provide more background reading: check out 6 Online Home Based Business Opportunities and How to Make Money on the Internet for Free.

Here are the 3 steps that I’ve used to create passive income:

Step 1: Buy a website domain (or get a free one!).

Step 2: Start a niche blog.

Step 3: Monetize your blog with affiliate links.

Now, it isn’t a get-rich-quick path to passive income. It is a lot of fun though! I’ve learned so much and met so many interesting people since I started blogging.

How did I do it? I found a platform that guides you through each of the 3 steps, one-by-one. That’s exactly what I needed to start my business!

Anyone Can Do It!

If I can do it, anyone can! No seriously, you might hear that a lot, but I mean it this time :). I’m good with the computer, but I don’t know much about how the internet works. I haven’t always liked to write… but through practice and studying other bloggers, I’ve learned how fun it is to express myself!

Like I outlined above – I was wary of starting a blog because I didn’t have money to waste, I didn’t want to get scammed, and I didn’t have any free time…. I did a lot of research and I’ve found what works! I’m excited to share my ideas because – anyone can do it!

Next Steps: Do Your Own Research

If you are interested in learning how to make your own passive income, I encourage you to do research so you are confident it’s for you. Here’s a few places to get started:

Check out my review of Wealthy Affiliate. I highly recommend this platform that has tons of resources for learning how to make money with your blog! With Wealthy Affiliate – you can learn how to start your business following my 3 steps:

Step 1: Create a free website (or two) inside WA! Not only can you design your new website, but you’ll be able to watch training videos that will step you through the entire process.

Step 2: With your new website, you’ll start your business with your niche blog! What is your niche? It’s your area of expertise, some subject you love, an idea that you want to share with the world!

Or maybe you aren’t that passionate about it … lol! I will help you find your niche & start your new business!

Step 3: And here’s the really fun part! You will monetize your niche blog with affiliate links. What does that mean? It means companies large and small pay “affiliate marketers” a commission to advertise their products on niche blogs. Really!

So, really, if I’ve sparked an interest – do what I did when I learned about this business opportunity = do your own research. I have more posts and information about affiliate marketing in these posts (check them out too!):

What is Affiliate Marketing?

Win with a Sustainable Marketing Strategy!

A Passive Income Opportunity To Consider

Click the banner below to see even more about Wealthy Affiliate – tons of resources, really, everything you need!

 

wealthy affiliate

Wishing You Much Success,

Tama
SustainableAffiliate.com

Sustainable Affiliate Strategies

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12 thoughts on “How To Make A Passive Income From Home – 3 Easy Steps!”

  1. I can compare working for passive income with building pipelines for cash to flow instead of hauling buckets. This is my favorite description of it, and been hammering to my friends’ heads in social media the importance of this. I’m glad that I found your blog post, I can use this in making my friends realize my point. You know, I got a lot of friends who are experts in their own right, and as we all know, being an expert is sometimes a trap. It’s a trap to work actively as an expert, they focus on the amount of money they’re getting paid per job done not realizing what they do is “work for active income” and not for passive income. I’m gonna share this article of yours about passive income.

  2. Thank you for posting a helpful article for someone who is curious about earning passive income but not sure where to begin or being suspicious about it! The steps you described don’t sound complicated at all and anyone should be able to start on it (with little bit of initial investment or without). I’ll be definitely reading some other articles you have to learn more detailed steps!

    • Hi Saori, thank you for your comment! I’m so happy you think my steps don’t sound complicated – that was my goal! 🙂

  3. While passive income definitely isn’t a get rich quick scheme, it’s something that will be well worth it in years to come. Depending on the niche, it is possible to make some quick money, but it will take time, effort, and a lot of energy. For me, though, would I rather work 35+ years at a job I may or may not be in love with or go the passive route and someday make a full-time income off it within 2-4 years (if that)? I’m going with the latter every single time and being that we all have hobbies and passions, anyone can definitely do this. 

    • Great take-away! I totally agree with you that putting the time and energy into your own company is much better than spending that time at a job. Anyone CAN do this!

  4. A clear, simple and organized way for a beginner to learn about passive vs. active income and an introduction into the WA site. I like that her affiliate disclosure is upfront, her social media links are at top below her title and also again at her profile. The Sustainable Affiliate homepage is appealing: 3 steps to make passive income. I like that she has categories for the different types of online marketing and a field to sign up to receive a checklist. Great information and much appreciated!

  5. Tama, what a beautiful looking site!  I enjoyed checking out your site, and here are my reasons and observations:

    1. You didn’t waste my time.  Your article got right to the point and laid out a clear path to why I would want to learn more.

    2. You are obviously a very positive person.  You showed us a very doable process without promising the moon, or making it sound super easy.  You kept focusing on what can be accomplished and how you would help every step of the way.

    3. You explained a complex topic like passive income by keeping it simple and relating it to something everyone is familiar with – rental income.

    4. You didn’t push.  You showed us what is possible, all the resources that are available, including personal help from you, and encouraged us to come and see for ourselves.  And I am assuming that you can help me and others achieve the positives in points 1-4 as we build our business.  Right?

    Thanks again.  I will return to read the rest of your articles, and I have bookmarked your site. 

    • Thank you so much Steve! Your comments mean a lot to me! 

      I absolutely want to help all of my readers and subscribers as much as I possibly can. Thank you!!

  6. Thanks Tama,
    Your article highlights how easy it is. You surely make it sound simple, easy and even fun.
    You make it sound simple and describing how you do it. With the platform that guides you through each of the 3 steps, one-by-one. How long will it take you to generate a passive income enough to live off?
    That’s could be exactly the type of platform that I need for the teaching and support.
    Thank you

    • Thank you! I do think it is a simple and fun process with Wealthy Affiliate. I am a coach to all of my referrals inside WA and love helping new affiliate marketers set up their sustainable business!

      How long it takes to generate passive income varies for each business. It does take time and dedication to get organic traffic and trust from your audience. Once your blog has traffic and is monetized, the next step is steady income! It can be months to a year or two before the income is steady and re-occurring. It also depends on the commission levels of the products or services you are marketing. So much to know and learn! 🙂

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