There are a few free methods for using your iPhone as a hotspot
One method is to select Cellular under Settings
Next, activate Personal Hotspot
After that, you can allow other devices to use your cellular data connection
Using an app like MyFi is an additional option
You may share your data connection with up to 10 devices with the free MyFi app
How to set up sharing and a hotspot on an iPhone
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How do I set up a free hotspot on my iPhone?
Is iPhone hotspot free?
How can I access a hotspot using my phone without paying?
How do I set up a personal hotspot on my iPhone?
What application offers a free hotspot?
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