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However, if promoted correctly (via blogging hubs in your niche, for example), you might have residual sales that last a very long time.Generally, e-books can sell well since they're priced low. If your customer can afford to get a functioning laptop, tablet, or smartphone on which to browse the e-book, they can afford to buy a cheap 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 subject, you can assemble an online class to teach others. By way of example, if you have experience in real estate investing, you can create an online course Real Estate Investing 101.

Fundamentally, when they click through to the website using your unique link, you'll 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 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 sign-up bonuses to entice you to open a credit account together.

A number of the best travel credit cards provide 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 (for free airfare).For those that 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 chase credit card bonuses, you can use the very same notions towards bank promotions and bonus offers with no credit 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 is passive income.Advertise on your blog.If you run a blog and get decent traffic, so you can incorporate ads to your site. These can usually be on the sidebar, and possibly at the bottom of read more your articles.

If you've got a great deal of traffic, this can add up to a decent chunk of change.If you need to begin a blog, here is my easy ten-minute guide to starting a blog.Rent out additional space in your house.If you have a spare bedroom, so you can find a roommate or set the distance on AirBnB for travellers.

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This is a super painless way to earn $500 to $1,000 a month without a lot of effort you might even be able to pay your mortgage payment with this excess income! (if it's your very first time, then use this link to get $40 in travel credit)Rent out items you have.Given the growth in the sharing economy, your own junk can start to cover itself.

If your furniture is more modern but you cant bear to eliminate it a home stager will be interested.Become a peer to peer lender.Websites like LendingClub streamline the lending process between peers/friends. Returns are advertised as 5-7%+ and hit your account as monthly payments. There's some chance of default, however, the threat can be minimized with sufficient i loved this 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 utilizes your funds for a short-term in exchange for an interest rate that is mutually consented upon.Design products to market on CafePress or Redbubble.If you are creative and can tap into the most recent trends to determine what sorts of graphics 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 would be to approach the owner to go over a sale. While there are different variations you could choose, occasionally owning a certain domain (particularly if it is attached to a business) can be well worth the premium. Often, individuals will scout out domain names that are still available, buy themand then sit on them in order to sell them down the street.

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You can even combine this with different marketing campaigns if you are an influencer and 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 that a laundromat/car wash.Laundromats and car washes are infamous for being money flow machines, but until you buy one make sure that you complete your due diligence.

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