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However, if marketed correctly (via blogging affiliates in your niche, for example), you could have residual earnings that last a very long time.Generally, e-books can sell well since they're priced low. If your customer can afford to get a functioning laptop, tablet, or smartphone on that to read the e-book, they can afford to buy a inexpensive e-book without much financial trouble.

But, online classes even typically cost upwards of $100, while e-books tend to be under $10. Make an online course.If you have specialized knowledge in a certain topic, you can assemble an online class to educate others. By way of instance, if you have experience in real estate investing, you can create an online class Real Estate Investing 101.

Basically, when they click through the website using your unique link, you'll receive a commission on their order. This is how many bloggers have grown their income month to month.To learn more, Making Sense of Affiliate Marketing by Michelle Schroeder-Gardner of Making Sense of Cents is a highly recommended course.If you need to begin a blog, here's my simple ten-minute guide to starting a blog.Take advantage of credit card sign-up bonuses.Most credit card companies offer you sign-up bonuses to entice you to open a charge account with them.

Some of the best travel charge cards offer 100,000 points to new accounts when you fulfill reasonable spending requirements.Also known as travel hacking, these rewards can be redeemed as cash (statement credit) or airline miles (free of airfare).For those that travel frequently, The FlyerTalk forums are a terrific resource.Take advantage of bank account promotions.If you don't want to mess with your credit rating and pursue credit card bonuses, you can use the same ideas towards bank promotions and bonus offers without the credit score hit.

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The income will typically be recorded on a Form 1099-INT so that it'll be taxed like interest income, which is passive income.Advertise on your blog.If you run a blog and receive decent traffic, you can incorporate ads to your website. These will usually be on the sidebar, and possibly at the bottom of your articles.

If you have a lot of traffic, then this can add up to some decent chunk of change.If you need to start a blog, here is my simple ten-minute guide to starting a blog.Rent out extra space in your house.If you have a spare bedroom, so you can find a roommate or set the distance on AirBnB for travellers.

This is a super painless way to earn $500 to $1,000 per month without a lot of effort you may even have the ability to cover your mortgage payment with this excess income! (if it is your first time, use this link for $40 in travel credit)Rent out items you already have.Given the growth in the sharing economy, your own junk can begin to cover itself.

If your furniture is much more modern but you cant bear to get rid of it perhaps a home stager will probably be interested.Become a peer to peer lender.Websites like LendingClub streamline the lending process between peers/friends. Returns are promoted as 5-7%+ and reach your account as monthly payments. There's some risk of default, however, the risk can be minimized with adequate diversification.Become a personal lender.As a personal lender, you can lend to anyone in your social circle.

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You can partner with a rehabber who uses your capital for a short-term in exchange Recommended Site for an interest rate that is mutually consented upon.Design products to sell on CafePress or even Redbubble.If you are creative and can tap into the latest trends to determine what sorts of graphics would market, you can post your design on CafePress Shop or Redbubble, where customers can purchase all different kinds of merchandise printed with your design.

If one is taken, the only recourse would be to approach the owner to go over a sale. When there are different variations you could choose, sometimes owning a certain domain (especially if it's connected to a business) can be well worth the premium. Often, people will scout out domain names that are still available, purchase themand then sit on them in order to sell them down the street.

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You can even combine this with different marketing campaigns if you're an influencer and also have your own site (advertisement + affiliate income). This is how many bloggers make money! Again, it's not 100% passive but once setup properly and then climbed, can be surprisingly lucrative.Buy that a laundromat/car wash.Laundromats and car washes are infamous for being cash flow machines, but until you buy one make sure that you complete your due diligence.