How to build your assets with little to no Money

Photo by Scott Graham on Unsplash

The first step is to take in the big picture.

The first step is to take in the big picture. You’re going to need some help with this, so be sure you have someone you can trust — a friend or family member who knows and understands your situation. You’ll also want to write down what assets you do have and how much they are worth (and make sure they are accurate).

Once you’ve done those two things, it’s time to think about what other assets could be created that would be valuable and useful for others.

Make a list of your skills.

The second step in building assets is to make a list of your skills.

This can be anything from your job title, to the degree you have, to what you’re good at doing around the house. For example: “I am an editor for a blog about personal finance and I also love to cook” or “I graduated with honors in Sociology and have worked as a freelance photographer since college” or “I used to work as an accountant but now I am studying how to become a paralegal.”

Make a list of all the tools you use every day and how you use them.

  • What does this list tell you about your needs?
  • Can any of these needs be met with an online service? Do any of these services have low barriers to entry or high barriers to exit (e.g., can I cancel my account without much effort)? If so, is there an opportunity for me to build something similar myself and capture some of the market share from existing services?

Build a simple website and engage on social media.

If you’re looking to build a digital asset, it’s important that you do so in a way that can be easily replicated by others. And perhaps the best way to do this is by creating your own website, which will allow you to create content and engage with your audience on whatever platform they prefer.

You can build your own website for free through (which has some great options for building simple sites). You can also use tools like Squarespace or Wix to build simple websites, though these services cost money.

Social media is another way to engage with people who may be interested in what you have to say — but social media isn’t just about posting links; it’s about engaging with other people around topics that matter most in their lives, too!

Build a digital conversation and start out by having conversations with friends and family.

If you don’t have any financial assets to build a digital conversation, engage friends and family. It’s okay if it’s not perfect at first. Simply start by having conversations with your friends and family on social media. Once you feel comfortable having these conversations in public, expand your reach by creating a simple website. Focus on building relationships with others that may be interested in what you’re doing online and offline by engaging them with digital content that is relevant to their interests.

The key to success is building simple digital assets, no matter your circumstances.

If you have no financial assets, it is possible to get started building your digital assets. If you don’t have money, but do have time and creativity, then the key to success is having a good plan and executing on it.

It’s not always easy to find the motivation when there isn’t an immediate payoff at the end of your efforts, but if you can remind yourself why this matters — and keep that in mind as things get difficult — you’ll be able to persist through whatever comes your way. Your goal should be simple: build something that has value because of who you are or what you know, even if no one else knows about it yet.

This article is for informational purposes only, it should not be considered financial, tax or legal advice. Consult a financial professional before making any major financial decisions.