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However, if promoted correctly (through blogging hubs in your niche, for example), you might 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 notebook, tablet, or smartphone on that to read the e-book, they can manage to purchase a cheap 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 have specialized knowledge in a certain subject, you can put together an online class to teach others. For instance, if you have experience in real estate investing, you can produce an online class Real Estate Investing 101.

Basically, when they click through to the website using your unique link, you will receive a commission on their order. 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 sign-up bonuses to entice you to open a credit account with them.

A number of the best travel charge 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 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 use the same ideas towards bank promotions and bonus offers with no credit hit.

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The income will generally be recorded 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, so you can incorporate ads to your website. These can 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 start a blog, here is my easy ten-minute guide to starting a blog.Rent out additional room in your house.If you get a spare bedroom, you can find a roommate or list the space on AirBnB for travellers.

This really is a super painless way to earn $500 to $1,000 per month without a lot of Continue effort you might even have the ability to cover your mortgage payment with this excess income! (if it's your first time, use this link for $40 in traveling credit)Rent out items you have.Given the expansion in the sharing economy, your own junk can begin to pay for itself.

If your furniture is 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 on your account as monthly payments. There is some risk of default, but the threat can be minimized with adequate diversification.Become a personal lender.As a personal 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 sell on CafePress or even Redbubble.If you're creative and can tap into the most recent trends to determine what sorts of images could market, you can post your design on CafePress Shop or Redbubble, where customers can buy click for source 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. While there are other variations you could choose, sometimes owning a certain domain (particularly if it is connected to a business) can be well worth the premium. Often, people will scout out domain names that are still accessible, purchase them, and then sit on them in order to sell them down the road.

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You can even combine this with different marketing campaigns if you're an influencer and have your own blog (advertisement + affiliate income). That is how many bloggers earn money! Again, it is 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 before you buy one make sure that you complete your due diligence.