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However, if marketed correctly (through blogging affiliates in your niche, for example), you might have residual earnings that last a very long time.Generally, e-books can sell very well because they are priced low. If your customer can afford to get a functioning notebook, tablet, or smartphone on that to read the e-book, they can manage to purchase a cheap e-book without much financial trouble.

But, online courses 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 put together an online class to educate others. By way of instance, if you have experience in real estate investing, you can create an online course Real Estate Investing 101.

Basically, when they click through the website using your unique link, you will be given a commission on their order. 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'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 credit account together.

Some of the very best travel charge cards provide 100,000 points to new accounts when you meet 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 great 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 use the very same notions towards bank promotions and bonus offers without the credit score hit.

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The income will generally 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, so you can incorporate ads to your website. These will normally be on the sidebar, and possibly at the bottom of your posts.

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

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

If your furniture is much more modern but you cant bear to eliminate it a home stager will Learn More probably be interested.Become a peer to peer peer lender.Websites like LendingClub streamline the lending process between peers/friends. Returns are promoted as 5-7%+ and hit your account as monthly payments. There is some chance of default, however, the threat can be minimized with adequate diversification.Become a private 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 utilizes your capital for a short term in exchange for an interest rate that's mutually agreed upon.Design products to market on CafePress or even Redbubble.If you are creative and can tap into the latest trends to determine what sorts of images would sell, you can post your design on CafePress Shop or Redbubble, where clients can purchase many 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 can choose, sometimes owning a certain domain (particularly if it is connected to a business) can be 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 road.

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

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