How to set up premium memberships

Ok. I've given up on google adsense. One forum is active and a few years old and the nature of it is that members would appreciate a private area where posts don't show up on google. Members had suggested "donations" which I have been doing but that's a bit ad hoc. It was mentioned to me before to set up something like premium membership where they pay an annual fee for a private section of the forum.

Could do with some tips on how to go about that please. I already have paypal set up...

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