We often associate passive income streams with financial assets, like shares, bonds and other investments. While these are some of the easiest and most popular ways to earn passive income, they can also be expensive to purchase.
However, plenty of other ways to earn passive income don’t require significant upfront costs. If you have the time and energy to invest in a project, you can create passive income streams with little to no money. For example, you could self-publish an ebook online or sell your photos to stock image websites. Or, if you have a large social media following, you could generate commission income from affiliate marketing schemes.
In other words, you don’t need a heap of money to start up a passive income stream. Just use your imagination and leverage your strengths!