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However, if marketed correctly (through blogging hubs in your niche, by way of instance ), you might have residual earnings that last a very long time.Generally, e-books can sell well because they're priced low. If your client can afford to have a functioning laptop, tablet, or smartphone on which to browse the e-book, they can manage to purchase a cheap e-book without much financial difficulty.

But, online classes even typically cost upwards of $100, while e-books tend to be under $10. Make an online course.If you've technical knowledge in a certain subject, you can put together an online class to educate others. By way of example, if you have experience in real estate investing, you can produce an online class Real Estate Investing 101.

Fundamentally, when they click through to the website using your unique link, you'll be given a commission on their purchase. This 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 begin 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 you sign-up bonuses to entice you to open a credit account together.

Some of the best travel credit cards offer 100,000 points into 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 (for free 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 score and chase credit card bonuses, you can apply the very same ideas towards bank promotions and bonus offers without the credit score hit.

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The income will generally be reported 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 site and get decent traffic, so you can incorporate ads to your site. These will normally be on the sidebar, and perhaps at the bottom of your posts.

If you've got a lot of traffic, this can add up to a decent chunk of change.If you need to start a blog, here is my easy ten-minute guide to starting a blog.Rent out additional space in your house.If you get a spare bedroom, you can find a roommate or set the distance on AirBnB for travelers.

This really is a super painless way to earn $500 to $1,000 a month without much effort you might see this page even have the ability to cover your mortgage payment with this extra income! (if it's your very first time, then use this link for $40 in traveling credit)Rent out items you already have.Given the growth in the sharing economy, your junk can begin to cover itself.

If your furniture is more modern but you still cant bear to eliminate it 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 is some risk of default, but the risk can be minimized with sufficient diversification.Become a private lender.As a private lender, you 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 consented upon.Design products to market on CafePress or Redbubble.If you are creative and can tap into the most recent trends to determine what sorts of images could market, 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 is to approach the owner to go over a sale. While there are other variations you can choose, sometimes owning a certain domain (especially if it's connected to your business) can be worth the premium. Often, people will scout out domain names which are still available, purchase them, and 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 blog (advertisement + affiliate income). This is how many bloggers earn money! Again, it is 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 money flow machines, but until you buy one make sure you complete your due diligence.