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But if promoted 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're priced low. If your client can afford to get a functioning laptop, tabletcomputer, or smartphone on which to read the e-book, they can manage to buy a inexpensive e-book without much financial trouble.

However, online courses 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 assemble an online course to teach others. By way of instance, if you have experience in real estate investing, you can create an online class Real Estate Investing 101.

Fundamentally, when they click through to the website using your unique link, you'll receive a commission on their order. 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's 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 very best travel credit cards provide 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 (for free 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 score and chase credit card bonuses, you can use the very same notions towards bank promotions and bonus offers with no credit 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 blog and receive decent traffic, you can incorporate ads to your website. These will usually be on the sidebar, and perhaps at the bottom of your posts.

In case you've got a great deal of traffic, this can add up to a decent chunk of change.If you need to begin a blog, here's my easy 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 space on AirBnB for travellers.

This is a super painless way to earn $500 to $1,000 a month without a lot of effort you may even have a knockout post 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 things you have.Given the expansion in the sharing economy, your junk can start to pay for itself.

If your furniture is much more modern but you cant bear to eliminate it a home stager will probably be interested.Become a peer to peer lender.Websites such as LendingClub streamline the lending process between peers/friends. Returns are advertised as this hyperlink 5-7%+ and hit your account as monthly payments. There's some risk of default, but the risk can be minimized with adequate diversification.Become a personal 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 agreed upon.Design products to market on CafePress or even Redbubble.If you are creative and can tap into the most recent trends to figure out what sorts of images 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 is to approach the owner to discuss a sale. When there are other variations you could choose, occasionally owning a certain domain (especially if it is connected to a business) can be worth the premium. Often, people will scout out domain names which navigate here are still available, buy them, and then sit on them in order to market 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 earn money! Again, it is not 100% passive but once set up properly and then climbed, can be surprisingly lucrative.Buy that a laundromat/car wash.Laundromats and car washes are infamous for being money flow machines, but before you buy one make sure that you complete your due diligence.