Write Your Way to Residual Passive Income

Generating a residual passive income is becoming an increasing necessity. This kind of income will allow you to earn money over and over again without having to work for it for long periods of time. In fact, you just have to work initially and when the setup is done you forget about it.

Writing articles has proved to be one of the most efficient ways to make residual passive income. Articles can be submitted to many hosting sites. The sites might differ but at the end all are directed to generating income.

Following are few ideas about sites that are hosting articles:

1)

<>E-zine (http://www.ezine.com/) is one of the most outstanding sites to host articles. The procedure is simple. You just write an article and submit it to ezine. At the end of the article, ezine allows you to enter whatever information that you desire in the resource box. By entering your website or any other link you can direct continuous traffic towards that link.

2) <>HubPages: Hubpages work in a slightly different manner. You write an article and post it. Hubpages then publishes your article and places advertisements automatically on your article. Visitors will come and read your article and some of them will click on the advertisements. For every click you get paid.

3<>EHow: Ehow works in similar manner as Hubpages. The only difference is in the type of article. In eHow your write “how to” articles where you explain how to do a certain topic.

<>Writing a Blog: Blogging is gaining popularity in recent days. In blogging you have to choose a topic that you have passion for. This is very important because blogging is an ongoing business. You have to write blogs on a daily basis or every two days at most. So, writing about something you like will raise the success rate of your blog tremendously.

There are a lot of other sources, paid or free, where you can employ your writing skills. The potential to earn residual passive income through writing articles is huge. Just pick the subject that you like and fire up your imagination.

Three Free Ways to Generate Residual Passive Income

Having a residual passive income is becoming of increasing importance. Everyone would like the extra cash that can be generated in order to achieve financial freedom. Financial freedom means debt-free lifestyle, more time spent with family and friends, and better quality of life.

But you probably have a question about how you can generate residual passive income without paying loads of money.

There are three ways that have generated a lot of residual passive income to many people. These ways are proven to work and they are free of cost.

1) Having Royalties on E-Books

Writing an e-book is easier than many people think. If you have a certain amount of knowledge about a specific product then you can put this knowledge into an e-book. An e-book does not have to consist of many pages. A simple e-book can consist of 15 or 20 pages. You can start at this level and increase the volume as you go.

Being the author of an e-book gives you the royalty to sell this book online. Submit your e-book to any e-book publishing directory over the web, like www.e-library.net and start generating residual passive income.

2) Writing Articles

If you find that writing an e-book is kind of high level authoring, then it would be a good idea to write articles. Articles can be posted for free on article hosting websites such as http://www.ezine.com/ or http://www.goarticle.com/.

Articles hosting websites allow you, as an author, to include information about yourself in what is called the resource box. In this box you can enter your website address, if you own one, or your affiliate link, in case you do not own your own site.

Whenever the reader goes to the link and makes a purchase, cash is generated.

3) Pay-Per-Click

Pay-per-click is a way to get paid for ads that you have on your website. There are many companies, such as Google, that are ready to put advertisements on your website. Every visitor who visit your site and clicks on the advertisement, the advertiser will pay you a certain amount.

You don’t have a website? No problem. There are websites that help you to build your own website easily and free of cost. Have a look at http://www.yola.com/.

Mentioned above are free ways to make a potentially big amount of residual passive income. There are a lot of other ways that needs cash to be invested. When you are comfortable with generating money for free you can invest some of the returns to generate more residual passive income.

How to Generate Residual Passive Income

Are you in a constant struggle for financial freedom? Have you ever wondered what can you do to increase your earnings and enhance your quality of life without having to work double shifts?
If you have been through any of these issues then you certainly value the importance of having a residual passive income at your disposal.

Having a residual passive income has been always the way for financial freedom. People who fail to generate this kind of cash flow will find themselves going in circles and living paycheck to paycheck.

Along the years there were multiple ways to generate residual passive income, but the trend in our time is what is called affiliate market. The affiliate market is when you are promoting the products of a third party for a commission.

What makes affiliate marketing so attractive is that you, as an affiliate, do not have to deal with all the hassles of processing orders, handling deliveries, resolving returns. All these issues will be handled by the company that you are affiliated with. You only have to focus on making a sale and getting your commission.

Affiliate marketing becomes even more attractive when an affiliate can generate income on the sales that he makes and on the ones that the people that he refers make. For example, if person A refers person B for a certain affiliate program. Then person A makes commission on the sales that he himself makes and on the sales that person B makes. Some affiliate programs gives commission this way for up to five levels. Imagine what will be the impact on your residual passive income.

There are a lot of affiliate programs found over the web. Go ahead, try your search engine and explore how much residual passive income you can generate.