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However, if promoted correctly (through 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 well since they're priced low. If your client can afford to get a functioning laptop, 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 classes even typically cost upwards of $100, while e-books tend to be under $10. Create an online course.If you've specialized knowledge in a certain topic, you can put together an online class 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.

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

A number 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 those who 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 apply the very same notions towards bank promotions and bonus offers with no credit score hit.

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The income will typically be reported on a Form 1099-INT so it'll be taxed like interest income, which can be passive income.Advertise on your blog.If you run a site and receive decent traffic, you can incorporate ads to your website. These will usually be on the sidebar, and possibly at the bottom of your posts.

In case you've got a lot of traffic, this can add up to some 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 get a spare bedroom, so you can find a roommate or list the space on AirBnB for travelers.

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This is a super painless way to earn $500 to $1,000 per month without much effort you might even be able to cover your mortgage payment with this excess income! (if it is your first time, then use this link for $40 in travel credit)Rent out things you have.Given the expansion in the sharing economy, your junk can begin to pay for itself.

If your furniture is much more modern but you still cant bear to get rid of it perhaps a home stager will 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 risk of default, but the risk can be minimized with adequate diversification.Become a personal lender.As a personal 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's mutually agreed upon.Design products to sell on CafePress or even Redbubble.If you are creative and can tap into the latest trends to determine what sorts of graphics could sell, you can post your design on CafePress Shop or Redbubble, where customers can buy many 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 other variations you could choose, occasionally owning a certain domain (particularly get redirected here if it is attached 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 street.

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You can even combine this with different marketing campaigns if you're an influencer and also have your own blog (advertisement + affiliate income). This is how many bloggers earn money! Again, it is not 100% passive but once setup correctly and then scaled, 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 you complete your due diligence.

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