Creating passive income is a must today! As the economy throughout the world has brought much uncertainty for many, people are seeking ways to create more financial security for themselves.
As the COVID-19 global pandemic has demonstrated that life can be turned upside down in a heartbeat, we learn being in control of our paychecks is a growing concern.
Before the Corona Virus spread throughout the globe, we as a people had to endure the 2008 recession which impacted many financially. This may have been through a loss of funds or even downsizing their possessions as we determine what “stuff” we truly need to survive.
Having more than one source of income has become a priority for many. Thanks to technology, many people have learned to work remotely from home through an online system their employer provides access to.
Yet really ambitious people get creative and learn how to make a side hustle to create passive income on the side. The key is to have recurring income perpetually.
Now think about it… it not only can be done, but IS being done!
Every. Single. Day.
Popular methods are with affiliate links to products or services that pay commissions. You may have seen websites that have Disclosures stating they may earn a commission if you purchase from a link. Those are the affiliate links.
This method can be done with reviewing products or services, mentioning the company or product in a quick line or posting a single post or article about one item.
Ads can also take place within the sites. These can be sponsored or placement of ads. These are great methods of monetising your blog to earn passive income.
One key to keep in mind is to not saturate a site to where it will scare visitors away. There does need to be a balance. Make sure to keep your site reader friendly and not intimidating to be an online commercial. In other words, have it appear as a website you would enjoy visiting.
When you create a website, some start with a blog which may develop into a full-time business by a solopreneur. Some create websites to launch a business to grow into a medium to big company.
Making money online is becoming easier than ever. More entrepreneurs are creating more with the digital avenue of blogging. Blogging is one of the multiple ways to make money from your blog. Here we provide you with a list of ways to monetize your blog and create passive income. If you haven’t set up ways to have extra income coming in yet, it’s time to create your side hustle now.
If you are looking for new, fresh ways to monetise your website or to just get started, below are some suggestions you can consider for affiliate marketing and creating passive income.
Disclosure: Some of the links are affiliate links. If you decide to purchase any of these resources, a small commission may be earned at no additional cost to you.