How to Understand What is Passive Income

So, you're a good writer and you've heard a lot about passive income and it sounds good. But what is passive income?

This article will explain to writers what passive income is, and how you can make a lot of it online by writing.

Difficulty: Moderately Challenging

Instructions

Things You'll Need:

• computer
• internet
• good writing skills

1. 
    

   What is passive income? Passive income refers to making one day's worth of writing and have it pay you every day after that. Sound too good to be true? It's not. And it's not that hard.
   
   Most online writing jobs will pay you performance payments. This means that every time your online article is viewed by someone, you are making money, or passive income. That's what passive income is.

2. 
    

   So what's the best way to go about making passive income? Write as much as you possibly can! Write as many articles as you can until your fingers start hurting! (just kidding!)
   
   But seriously, to make a good passive income, you will need to write many, many online articles. It is also a good idea to sign up for several different online writing jobs as opposed to just one online job.
   
   If you invest the time, it's sure to pay off big time with some passive income.

3. 
    

   You have to be patient. You won't make a million dollars of passive income overnight, regardless of what some scammers might say.
   
   Your articles will need time to build up and get popular. This is the only way to make a lot of passive income.

Resources

• How to write to make money online

[jenroering]

on 8/23/2009 My fingers hurt; surely I'm at passive income already? ;-) You're right, it all takes patience and effort. 5*

[Cinderley]

on 8/10/2009 Great article and well written. 5*