I’ve recently been writing articles on ehow.com as one of many of the passive income streams I am trying out currently. I’m at 8 articles as of this second, most of which have centered around photography (a previous profession of mine). I decided to write an article on how to create a passive income for yourself and just posted it up on ehow.com today but I thought I would bring it on over here to purelypassive.com and share it with my readers here as well. You can view the article in the ehow.com format at http://www.ehow.com/how_5706189_create-passive-income-yourself.html or you can read it below….(comments either on ehow.com or on this post are always welcome).

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Passive income (sometimes called residual income) is income that does not require you to directly work with it after creating it once. Your landlord for example, receives passive income each month from you when you rent. He bought the property once and now it works for him every single month. If you are a writer that publishes an e-book, you write the book once and sell it over and over again automatically through a website. That is another great example of passive income. There are many ways that you can earn a healthy passive income but it is important to remember that nothing ever comes free or easy. It takes hard work and dedication to see the long term benefits of a healthy passive income.

If you are ready to do the leg work, check out these passive income ideas. You can learn more about these ideas by using google.com to find details about each idea.

Building a niche website filled with informational content that will have your readers coming back for more on a daily basis is a great way to get your foot in the door of passive income. There are many possible passive income streams through Google Ads, affiliate products that you sell for a commission or even selling an e-product such as a book or a report on your niche website.

A membership site is yet another way to provide information to people who pay for it through a monthly subscription. This is a fantastic business model to follow because you are finding a customer who will purchase from you over and over again month after month. Imagine getting just 100 customers to subscribe at $10 per month. That’s $1000 extra in your pocket each month for doing nothing more than adding a few articles to your membership site.

Affiliate product sales are increasing in popularity especially among niche websites and bloggers. Affiliate programs allow you to sell a product for a company and earn a flat commission on each sale that you make. For example, if you happen to run a video game blog, you could report a review on new games being released and link to an Amazon.com affiliate page to sell that game and earn a commission from your readers that purchase it.

Informational products such as a specialized e-book and special reports are fairly quick and easy to create and require very little software to make. An average sized e-book maybe takes 1-3 weeks to write and launch but once set in motion you can make sales from your e-book 24 hours a day. Add in an affiliate program to allow others to sell your e-book and you could be looking at a goldmine.

If you have a fairly popular website, placing paid advertisements such as Google Adsense ads, can yield a small return as well (more in highly popular websites). Most of these advertising programs pay on a per-click basis and are a good add-on to any niche website or blog.

Writing articles for an online article directory such as ehow.com allows you to earn passive income based on the clicks to advertisements that your readers process on your article page. The key to making a larger amount of money is to write in quantity to have many different articles working for you. There is a helpful community of writers and readers on ehow.com that are very willing to help you make the most out of your article writing and answer any questions you run into along the way.