True financial freedom may seem like a lost remnant of the American dream for many people during the worldwide economic crisis that we are now faced with.

True financial freedom can only be achieved through the generation of passive wealth, whether it is through paper investments such as stocks, rental income from real investments, profits from a business that you own but don’t actually physically participate in, or from a fully-automated revenue-generating website.

But what happens when paper assets and real estate are both suffering due to the credit crunch the financial markets are undergoing?

It’s time to turn to an alternate source of passive income: The Internet.

To invest in stocks, you obviously must risk some money in order to make money.

To invest in real estate, you, your finance partner, or your lending institution must risk some money in order to make money.

To invest in a business, you, your business partner(s), or your lending institutions must risk some money in order to make money.

A website, on the other hand, can be set up absolutely free. The content on the website can be produced absolutely free. The products, services, or content that you offer through your website can be acquired for free. These can be delivered, transmitted, or shipped without investing any money. Your website can even be marketed absolutely free as well.

Once you set up your website, it can be maintained automatically, with only occasional intervention on your part to monitor it or enhance it.

How can you do this? One example is to sign up for a free blog that is updated automatically using RSS content feeds and which displays advertisements such as those on the Google network. Google blogs are automatically indexed and searchable by Google, and because RSS feeds are automatically updated in real-time from their respective sources, and because Google AdSense automatically displays dynamic advertising content Viola! You have passive wealth!