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However, if promoted correctly (through blogging hubs in your niche, for example), you could have residual earnings that last a very long time.Generally, e-books can sell very well because they're priced low. If your customer can afford to get a functioning notebook, tabletcomputer, or smartphone on which to browse the e-book, they can manage to buy a inexpensive e-book without much financial trouble.

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

Fundamentally, when they click through the website using your unique link, you will receive a commission on their purchase. That is the way 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 start a blog, here is my simple ten-minute guide to starting a blog.Take advantage of credit card sign-up bonuses.Most credit card companies offer sign-up bonuses to entice you to open a credit account with them.

Some of the best travel credit 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 individuals 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 chase credit card bonuses, you can use the same notions towards bank promotions and bonus offers without the credit hit.

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

In case you've got a great deal of traffic, then this can add up to some decent chunk of change.If you need to start a blog, here is my easy 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 list the space on AirBnB for travelers.

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

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

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You can partner with a rehabber who uses your funds for a short-term in exchange for an interest rate that's mutually agreed upon.Design products to sell on CafePress or even Redbubble.If you're creative and can tap into the most recent trends to determine what sorts of images could sell, you can post your design on CafePress Shop or Redbubble, where customers can buy all different kinds of merchandise printed with your design.

If one is taken, the only recourse would be to approach the owner to discuss a sale. While there are different variations you could choose, occasionally owning i was reading this a certain domain (particularly if it's connected to a business) can be well worth the premium. Often, individuals will scout out domain names which are still accessible, purchase them, and then sit on them in order to sell them down the road.

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