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But if promoted correctly (via 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 since they are priced low. If your customer can afford to get a functioning notebook, tablet, or smartphone on that to browse the e-book, they can manage to purchase 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. Create an online course.If you have technical knowledge in a certain subject, you can assemble 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'll receive a commission on their purchase. That is how 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 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 best travel charge cards provide 100,000 points into 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 (for free airfare).For those who 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 pursue credit card bonuses, you can apply the same ideas towards bank promotions and bonus offers without the credit score hit.

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The income will typically 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, you can incorporate ads to your site. These can normally be on the sidebar, and perhaps at the bottom of your articles.

In case you have a great deal of traffic, then this can add up to a decent chunk of change.If you need to start a blog, here is my simple ten-minute guide to starting a blog.Rent out extra room in your house.If you have a spare bedroom, so you can find a roommate or list the distance on published here AirBnB for travelers.

This 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 very first time, use this link to get $40 in travel credit)Rent out things you have.Given the growth 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 probably be interested.Become a peer to peer lender.Websites such as LendingClub streamline the lending process between peers/friends. Returns are advertised as 5-7%+ and hit your account as monthly payments. There is some risk of default, however, 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 utilizes your capital for a short-term in exchange for an interest rate that is mutually agreed upon.Design products to market on CafePress or Redbubble.If you're creative and can tap into the most recent trends to figure out what sorts of graphics could sell, you can post your design on CafePress Shop or Redbubble, where clients 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. When there are different variations you can choose, occasionally owning a certain domain (particularly if it's attached to a business) can be well worth the premium. Often, people will scout out domain names which are still accessible, buy themand 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 are an influencer and also have your own blog (advertisement + affiliate income). That is the way many bloggers make 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 cash flow machines, but until you buy one make sure you complete your due diligence.