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However, if promoted correctly (via blogging affiliates in your niche, by way of 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 laptop, tabletcomputer, or smartphone on which to read the e-book, they can afford to purchase a inexpensive e-book without much financial difficulty.

However, online courses even generally cost upwards of $100, while e-books tend to be under $10. Make an online course.If you've specialized knowledge in a certain topic, you can put together an online course to teach others. For instance, if you have experience in real estate investing, you can produce an online course Real Estate Investing 101.

Basically, when they click through to 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's my easy 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 very best travel charge 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 (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 pursue credit card bonuses, you can apply the same notions towards bank promotions and bonus offers with no 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 site and receive decent traffic, you can incorporate ads to your website. These can usually be on the sidebar, and possibly at the bottom of your posts.

If you've got a lot of More about the author traffic, then this can add up to some 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 room in your house.If you have a spare bedroom, you can find a roommate or set the distance on AirBnB for travelers.

This is a super painless way to earn $500 to $1,000 per month without much effort you might even have the ability to pay your mortgage payment with this excess income! (if it is your very first time, use this link to get $40 in traveling credit)Rent out items 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 still cant bear to get rid of it perhaps a home stager will be interested.Become a peer to peer lender.Websites such as LendingClub streamline the lending process between peers/friends. Returns are promoted as 5-7%+ and reach on your account as monthly payments. There's some chance of default, but the risk can be minimized with adequate diversification.Become a private lender.As a private lender, you also 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 for an interest rate that is mutually agreed upon.Design products to sell on CafePress or Redbubble.If you are creative and can tap into the most recent trends to figure out what sorts of images could sell, you can post your design on CafePress Shop or Redbubble, where clients 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. While there are different variations you could choose, occasionally owning a certain domain (especially if it's attached Get More Info to your business) can be well worth the premium. Often, individuals will scout out domain names that are still available, purchase themand then sit on them in order to market 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 their website (advertisement + affiliate income). That is how many bloggers make money! Again, it's not 100% passive but once set up properly 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 until you buy one make sure that you complete your due diligence.