10 Ways To Create Passive Income with No Money

Creating passive income is not as difficult as you think. I can show you ten ways to create passive income with no money. Maybe you think it can’t work. Well….

You wouldn’t be the first person to doubt such a possibility but you’re such not a fool to discard this content.

Ok. What could you lose if I was wrong? Maybe five minutes of reading but just imagine I’m correct?

What is Passive Income?

Passive income is income that you can make wherein you’re not actively involved in the process of creating the income. Hence, this income can come from rentals, shares and stocks.

Although you’re not actively involved in passive income, you’re expected to pay the required tax from your income.

Even though passive income comes easily, building it is not an easy feat. You usually need a high capital before you can start creating passive income.

Whether you choose rentals or any of the others above, you still get a huge capital. Some times, the capital is not always money depending on the type of passive income stream you want to build.

However, as a student who wants to create a passive income, you might need more energy capital than financial capital or let’s say with no money at all.

Maybe you don’t see the necessity for an extra stream of income or you’re scared that it’s not for you. That decision is not the best for you and I’ll tell you why.

Why You Need Passive Income

Hey! Money is important and no matter how much you have, you will always want to make more.

Additionally, there are only 24 hours in a day and you would want to ensure you utilize it to make as much income as possible.

Of course, you know that as a student, you have to meet up with tuition and other academic expenses. And these expenses have no plans of reducing their numbers instead, they go up.

Even though you might be studying on a scholarship, hence, you don’t see the necessity of getting an extra income stream, at least do it for charity or for your future.

A business takes time to grow and if you can start building your business as a student, the results will be bigger. Because the advantage of time would have helped you understand your market.

By the time you have grown the income, you can open up other passive streams like business consulting and development.

Is Passive Income Real?

To deny the reality of passive income is to deny that there is a sun that gives light to the earth. Passive income works and has been working for a lot of people.

Most of the richest men in the world today leveraged o passive income to build their wealth. For example; Bill and Melinda Gates Foundation has shares in Apple Inc.

The income they receive as shareholders help them sustain their foundation and carry out charity work all over the world.

So, if you’re thinking it’s not real and an absurd idea, you’re wrong.

Are Capital Gains Passive Income?

Capital gains are income you receive when the value of your investment rises.

In essence, you buy a property for a certain amount and people begin to gain interest in your property, you can simply increase the price so as to get the highest ROI possible.

So, when it comes to capital gains, it is a sure passive income stream. In fact, it’s one of the strongest passive income avenues you can venture into and grow.

Are Stocks Passive Income?

Stocks are the total shares of a corporation divided among its shareholders.

Essentially, they signal how a corporation’s assets are split among the decision making bodies of the organization.

In earning passive income as a student, stocks are a very good investment opportunity, however, you don’t need to trade.

You can hire the services of a professional stockbroker to help you with your trading in the stock market.

Where Can I Invest Money For Passive Income?

There’s what people call an investment plan. In plain English, it is a plan wherein you put in money into different businesses under the stock market and gain profit from time to time.

So, before you create an investment plan which will yield passive income, you need to do quality research.

You must ensure you dig deep into the company’s profile and review the history of their transactions.

Additionally, you must get a hold of information regarding their assets and liabilities. This part reveals the true health of the business.

However, before you decide to invest in another, it’s in your best interest you learn ways to create a passive income stream with no money as a student.

10 Ways To Create Passive Income with No Money

Now that you’ve understood passive income and the necessities involved. You can now learn ten of the best ways to create passive income with no money.

These ways include;

  • Web Applications
  • Stocks
  • Student Resumes
  • Web Photographs
  • YouTube Videos
  • Website
  • E-Books
  • Digital Files
  • Network Marketing
  • Affiliate Marketing

10. Web Applications

Since the explosion of the internet in the late 19th century, online has almost become the new normal.

Web applications have become one of the platforms that connect us to individuals outside our geographical location.

Additionally, people have created virtual classrooms using these web applications wherein students can learn.

In the same vein, many businesses have leveraged on web applications to help them do business. In fact, most of the biggest tech. companies run strong web applications.

How to Build A Web Application

Building a web application is not a very easy task but its highly rewarding.

One of the biggest assets you can have is a knowledge of programming. However, if you don’t know how to code, you can either obtain the services of a web developer.

You can get some of these professionals in platforms such as; Upwork, Fivver etc.

As the web developer writes the program, you can get yourself acquainted with your copy that will help you convert the leads you have or sell your application.

After you have produced your application and set it up on the App Store and Playstore, you earn as your downloads increase.

So, you can just imagine how that money keeps coming from just a once and for all coding.

9. Stocks

As earlier said, stocks are the dividends of the shares that a company owns.

Stocks are one of the best ways to earn passive income with little or no money as you just need an initial investment.

Then you can keep trading in the market or better yet, hire a broker and set him on a retainer.

Before you choose the stock market to do business at, you must be sure they’re transparent and reliable.

Trading is not a skill that you will learn in a day. You need to devote the required time and energy to learn it. Of course, you would have a rough start, but you will gain stability with time.

However, the best thing for you would be to get someone to help you trade with your money while you learn the ropes.

8. Student Resumes

A resume simply itemizes the core experiences and skills of the recipient in order to show them qualified for a position.

Resumes are extremely important. Only a few people get a job without submitting a resume. However, in that case, the person must be highly recommended.

These recommendations don’t come easy and they are not for low-entry positions. So, the majority of the workforce populace have a resume.

A resume can help you apply for another job even while you’re with a job. The ease in preparing a resume makes it a very good way to make passive income with no money.

How to Create a Resume

Creating a resume is not a very difficult task. In fact, with the right tools, you can easily get it done in minutes.

When preparing a resume, you need to understand how “ATS” works and the use of correct keywords in your description of responsibilities.

A good resume usually helps the applicant get into the interview room.

7. Web Photographs

Many photographs are not found on the web. Some of them have serious copyright measures which forestall the use of them.

Hence, web platforms usually seek for images which they can use for their blog posts and some times; product pages.

Selling web photographs is easy but you need to be willing to do the hard work.

The hard work involves the gathering of these stunning pictures which clearly describe a matter.

Most times, you need to write to these people vial mail, telling me the pictures you can sell or you can upload them and lock them.

Ensure the photographs are of high quality and don’t have heavy data space.

Selling web photography is a sure way of making passive income.

6. Create YouTube Videos

YouTube is the biggest channel in the world where you get access to real-time and recorded videos.

These videos talk about all facets of life. While some talk about sports and religion, others are interested in fashion and music.

This platform is the second most visited web platform in the world. It’s just a place behind Google.com.

Most of the videos on this platform are posted by users of the platform who earn from it.

So, can you imagine creating one video and watching it rake in money countlessly?

One of the biggest wins was a young boy of less than 10 who made $20 million off YouTube reviewing children toys.

How to Create a YouTube Video

Creating a YouTube video is not as complicated as people make it seem. It has been so simplified that you don’t a manual to help you.

Creating a video requires that you possess the right digital tools. These tools include a camera, great light(natural or artificial) and an earphone or microphone.

After you have created your video, you quickly go to their web application and upload your video.

Ensure you make the video simple, sweet and interesting. As your video views rise, advertisers will want to advertise on your videos and you’ll get paid.

5. Website

Building a website is similar to building a web application. The only difference is that a web application is more complicated.

Today, building a website is one of the easiest things to do as the whole process has been automated.

A lot of web-based content management platforms have managed. Well, this content you’re reading is courtesy of a website and a CMS.

To build a great website, you just need to make the inquiry on a search engine and you’ll get practical answers to help you.

4. E-Books

Books are important. They convey information which is transformational.

The introduction of e-books has further popularized and increased the reading of books.

Writing books has always been rewarding and fulfilling. How? Because your readers gain new insight that can transform their lives and you get paid.

Additionally, books never get old and are created once and sold to thousands of people.

Depending on the subject area to choose to write, you can employ different methods of marketing your book.

You can easily create your e-book by using your phone, laptop or desktop computer.

There are web applications online that help you transform your book to pdf where you can lock it and serve it.

3. Digital Files

Digital files are one of the biggest assets you can have to help you make passive income as a student.

These digital files can include courses, sales copies, newsletters and much more.

The more investment you make in ensuring their workability, the more reward you gain.

However, you must ensure you package your files in such a way that it solves a particular problem and attends to a market need.

As much as getting a digital file is necessary, you must have the right approach for your market.

2. Network Marketing

Network Marketing is one of the biggest investment portfolios out there right now.

You simply register yourself and get other people to register under your network.

Immediately they register, you earn on every registration made by your down lines.

Most network marketing platforms demand that you purchase products while others require a one-off purchase.

Before you decide on a network marketing chain to adopt, research properly and get yourself prepared.

1. Affiliate Marketing

Affiliate Marketing is one of the best ways to earn passive income no matter your status or level.

This marketing technically involves you standing as the middleman between a company and its customers.

In this business, you earn commissions on every buyer you convert and every sale your converted buyer makes.

In affiliate marketing, you don’t need to wear t-shirts and do a lot of advertising, it’s simpler.

Your advertising can start from normal conversations which can then grow into marketing.

Before you choose to be an affiliate to a company, ensure your research tells you their customer base is within your reach.


Whether you choose affiliate marketing, ebooks or the sale of digital files, you’ll make your income passively.

Passive income is very important because it gives you the time and equips you with the income to pursue bigger goals.

So, stop sitting on any excuse. You can make passive income and you can do it easily too.


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