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But if promoted correctly (through blogging affiliates in your niche, by way of instance ), you could have residual earnings that last a very long time.Generally, e-books can sell well because they are priced low. If your customer can afford to get a functioning laptop, tabletcomputer, or smartphone on that to read the e-book, they can manage to purchase a inexpensive 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 specialized 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 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 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 start 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 sign-up bonuses to entice you to open a credit account with them.

Some of the best travel credit cards offer 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 (free of airfare).For individuals 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 rating and pursue credit card bonuses, you can use the same ideas towards bank promotions and bonus offers without the credit hit.

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The income will generally be reported on a Form 1099-INT so it'll be taxed like interest income, which is passive income.Advertise on your blog.If you run a blog and get decent traffic, you can incorporate ads to your website. These can usually be on the sidebar, and possibly 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's my simple 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 list the space on AirBnB for travelers.

This is a super painless way to earn $500 to $1,000 per month without much effort you might even be able to pay your mortgage payment with this extra 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 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 peer lender.Websites such as LendingClub streamline the lending process between peers/friends. Returns are promoted as 5-7%+ and reach your account as monthly payments. There is some chance of default, but the risk can be minimized with sufficient 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 consented 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 many 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 other variations you could choose, occasionally owning a certain domain (particularly if it is attached to your business) can be worth the premium. Often, individuals 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 navigate here different marketing campaigns if you're an influencer and also have your own blog (advertisement + affiliate income). This is the way many bloggers earn money! Again, it's not 100% passive but once setup properly and then climbed, can be surprisingly lucrative.Buy a laundromat/car wash.Laundromats and car washes are infamous for being cash flow machines, but before you buy one make sure that you complete your due diligence.