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However, if marketed correctly (via blogging hubs in your niche, by way of instance ), 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 have a functioning laptop, tabletcomputer, or smartphone on which to read the e-book, they can afford 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. Create an online course.If you've specialized knowledge in a certain subject, you can assemble an online class to teach others. For example, if you have experience in real estate investing, you can produce an online class Real Estate Investing 101.

Fundamentally, when they click through the website using your unique link, you'll be given a commission on their order. 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 simple 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 very best travel charge cards offer 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 individuals that 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 rating and chase credit card bonuses, you can apply the very same notions towards bank promotions and bonus offers without the credit 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 receive decent traffic, you can incorporate ads to your website. These will normally be on the sidebar, and possibly at the bottom of your articles.

If you've got a great deal of traffic, then this can add up to a decent chunk of change.If you need to begin a blog, here's 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 list the distance on AirBnB for travelers.

This is a super painless way to earn $500 to $1,000 per month without a lot of effort you may even have the ability to pay your mortgage payment with this extra income! (if it's your first time, use this link for $40 in travel credit)Rent out things you have.Given the growth in the sharing economy, your own junk can start to pay for itself.

If your furniture is much more modern but you still cant bear to get rid of 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, but the risk can be minimized with sufficient 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 funds 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're creative and can tap into the latest trends to determine what sorts of graphics would market, 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 basics taken, the only recourse would be to approach the owner to discuss a sale. When there are other variations you could choose, sometimes owning a certain domain (particularly if it is attached to a business) can be worth the premium. Often, people will scout out domain names that are still accessible, purchase them, and 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 have your own site (advertisement + affiliate income). That is the way many bloggers make money! Again, it is not 100% passive but once setup properly 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.