Lifehack logo

How To Turn A $100 Investment Into A $100 A Month Passive Income Stream

Most people think you need a large sum of money to start generating passive income but with just $100 you can setup a monthly income stream.

By John DoePublished 3 years ago 4 min read
Like
How To Turn A $100 Investment Into A $100 A Month Passive Income Stream
Photo by Giorgio Trovato on Unsplash

Traditionally, if you wanted to generate a monthly passive income stream you would have to park large sums of cash into income portfolios such as high-yield dividend stocks or real estate investment trusts (REIT). While these methods will work for people with large piles of cash they are out of reach for most people. However, with a little creativity and a little but if upfront work you can set up a monthly passive income stream with just $100.

Method Summary

This passive income method involves purchasing a mini-computer and running some programs which will make money as long as the computer is turned on. These programs are not computationally heavy and don't need any expensive hardware. This method does NOT involve mining cryptocurrencies or anything of the sort.

Instead, we will use two types of programs: bandwidth sharing and AutoSurfers. Both of these programs only require you set them up once and then leave them running to make money. This whole setup shouldn't take you more than an hour from start to finish.

Step 1: Purchase A Mini Computer

You first need to invest in a mini-computer to run these programs. While you can use any computer you have laying around, it's better to purchase a dedicated device just for passive income. This allows you to keep it running 24/7/365 and maximize earnings. I recommend you purchase a Lenovo ThinkCenter Mini PC as it is best suited for the job.

First, it runs Windows which is required by most of these programs. If you decided to purchase a Chromebox, Raspberry Pi, or other Linux-based mini-computers you will not be able to run most of these programs.

Second, it comes with WiFi built-in which is not standard and means you don't need to purchase a WiFi dongle or any additional accessories to get started.

Third, its small size makes it energy efficient and easy to store. Once you have everything set up you just leave it on a shelf or table.

You are welcome to experiment with other devices but the ThinkCenter has worked out great for me over the past year so that's I am recommending it.

Step 2: Install Bandwidth Sharing Programs

Now you need to install the program which will allow you to sell your extra bandwidth. If you want to learn more about what these programs do then I recommend reading this article. The summary is you rent out your network and in return, you are paid per gigabyte.

There are three major players in the internet bandwidth rental industry:

  • PacketStream - The oldest player and pays about $0.10 a GB.
  • HoneyGain - The largest player and pays about $0.10 a GB.
  • IPRoyal - The newest but also highest payer at about $0.20 a GB.

You can use all of them simultaneously and they will not interfere with each other. All the programs are completely passive and are available worldwide.

Step 3: Run AutoSurfers

The majority of your monthly income will come from renting out your network but you can make a little more by also running AutoSurfers. This article goes into detail about AutoSurfers, but basically, they automatically visit random websites and pay you for each visit.

There are many such programs but the oldest and most well-known is eBesucher. It is the most reliable and has some plug-ins that help restart the browser when it crashes. Again, you won't earn as much but it costs you nothing and any extra money is always nice.

How Much Will I Make?

Your earnings will vary depending on your location, internet speed, and how long you are using the program. These bandwidth rental companies need to make sure you are a reliable source of bandwidth. If you are turning your computer off every couple of hours then you can't expect much traffic to be sent to your device. However, if you leave it running all day then you will be considered very reliable and will receive a lot of traffic. It takes 1-2 months to start seeing earnings but after that, you should expect to make no less than $3 a day or $100 a month.

What About Electricity Costs?

Most people are concerned that this method will raise their electricity bill but the truth is you won't even notice any change. Since none of these programs are computationally heavy there is very little energy demand. Moreover, the ThinkCenter I recommended above is very energy efficient and uses a minimal amount of electricity.

Does This Method Scale?

Once you have this method set up you might ask if it's possible to repeat it with 100 computers and make even more computer. The short answer is no because the bandwidth-sharing programs are limited to one per network. If you try to run them on a second computer they will simply not run. Some people have managed to set up two networks using two modems but that option is not available from all internet service providers.

Want More Passive Income?

If you're interested in learning more about passive income visit my website to see what method I am using to generate passive income right now. You'll see a full list of passive income methods as well as my monthly earnings. I update the website regularly so bookmark and check in to learn new methods of generating passive income.

how to
Like

About the Creator

John Doe

Reader insights

Be the first to share your insights about this piece.

How does it work?

Add your insights

Comments

There are no comments for this story

Be the first to respond and start the conversation.

Sign in to comment

    Find us on social media

    Miscellaneous links

    • Explore
    • Contact
    • Privacy Policy
    • Terms of Use
    • Support

    © 2024 Creatd, Inc. All Rights Reserved.