5 Ways To Create Passive Income With No Money

Passive income seems to be a Holy Grail of personal finance. When it comes to income, what could be better than earning your money without having to trade your time for dollars?

There are two main paths to passive income – you can either invest money to make it happen, or invest time to make it happen. But there is sort of a third option.

I’ve written about passive income before (you can see over 7 passive income ideas here) but today I wanted to tackle another question that often comes up: How can I create passive income with no money?

Can You Create Passive Income Without A Financial Investment?

Passive income can be earned in two ways. The first is to make your money work for you. This could be done by investing in the stock market, real estate, P2P lending, or into a business.

The second way to earn passive income is to invest your time. For example, you can start a side hustle, read 20 Side Hustles You Can Start Today! for more info.

While it’s definitely possible to earn passive income with no money, it isn’t easy. It requires a lot of initial hard work and comes with no guarantees.

If you want to give it a shot here’s how to create PASSIVE INCOME with no money.

Write A Kindle eBook

A popular way to earn passive income with no money down is to write an eBook and sell it on Amazon through the KDP program.

KDP stands for Kindle Direct Publishing and is Amazon’s program for self-publishers. While you will have to write your book, figure out Kindle formatting and come up with a cover design, it costs you nothing to self-publish a book through Amazon.

If your Kindle eBook is priced at $2.99-$9.99 you’ll receive a 70% royalty on the sale price of each book. When your book is priced below $2.99 or above $9.99 you’ll only receive a 35% royalty.

Ebooks don’t have to be long, so no need to write an opus to make some money. There are several places you can publish besides Amazon’s Kindle Direct Publishing including, Booktango, and Lulu.

The essential services on most of the publishing sites are free, and you can pay for premium services like marketing and editing.

Sell Stock Photos

If you’re a freelance photographer or just enjoy taking photos and are good at it, you can earn a passive income selling your stock photos online.

If you want to make some extra money for your photos, you could consider selling your images as stock photos. The easiest way to make your images available for sale as stock images is to use a third-party site, such as Adobe Stock, Shutterstock, Alamy, etc.

The great thing about selling stock photos is that one photo can be purchased by many different people.

How much you earn depends on how large your portfolio is, experience level, and the number of stock photo agencies you work with.

Like with investing, diversification is key. The more photos you have spread across agencies, the better your chances of earning passive income.


Many bloggers write with the intent to make money, and the way to do that is by providing value to your readers, which drives traffic to your site and then monetizing it with affiliate links, ads, or promoting your own products.

Remember, the more niche your website and topics are, the better. When you’re building residual income, the less competition, the better.

You can make affiliate marketing income by linking to Amazon to all of the products you write about on the site.

Part of providing value is building trust. Don’t link to things that aren’t of good quality, or people won’t trust your recommendations.

The other part of making an audience is consistency. It matters less how often you post than how consistently. If you only have time to do one post a month, that post should come out on the same date and time each month.

An excellent way to stay consistent is to write several posts before you release the blog. That means when life gets in the way, and you don’t have time, you have a backlog of material you can consistently publish.

Affiliate Marketing and Ads

Affiliate marketing works well when you discuss products on your blog, or have some kind of social media following.

Amazon Associates is the best-known affiliate marketing program, but there are others like Impact RadiusCommission JunctionClickBank, and Rakuten too.

Google Adsense pays to post ads on your blog. There are two ways to make money with Adsense; impressions which give you cash for every 1,000 page views and clicks which provide you with money when a visitor to your site clicks on a displayed ad.

You can design courses and charge for access to those. Plenty of bloggers sell classes on how to make money blogging.

There are numerous ways to earn money online, but monetizing your site with the above ideas are some of the best.

Digital Product

One of the most common ways people make money on their websites is by selling courses. Platforms like Udemy, Teachable, and Skillshare are making it easier than ever to launch and sell online courses.

You also even create an app or service which, is decidedly harder than making a course but the income potential here is far larger.

Building digital products takes a bit of work, but once the work is done, you can sell it forever so long as it remains relevant.

Passive Income: It Takes Time or Money

There really are no shortcuts to passive income. You’ll find a countless number of people who’ve created solid passive income streams with and without money.

The important thing to remember is that those people who did create passive income without money were willing to put in the hard work it took to create the product that would earn them passive income over the long haul.

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