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But if promoted correctly (through blogging hubs in your niche, by way of example), you could have residual sales that last a very long time.Generally, e-books can sell very well since they're priced low. If your client can afford to get a functioning laptop, tablet, or smartphone on that to read the e-book, they can afford to purchase a cheap e-book without much financial trouble.

However, online courses even generally cost upwards of $100, while e-books tend to be under $10. Make an online course.If you've technical knowledge in a certain topic, you can put together 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 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 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.

A number of the best travel credit cards provide 100,000 points into 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 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 rating and pursue credit card bonuses, you can use the very 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 that it'll be taxed like interest income, which advice is passive income.Advertise on your blog.If you run a blog and get decent traffic, you can incorporate ads to your site. These will usually be on the sidebar, and possibly at the bottom of your articles.

In case you have a lot of traffic, 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 extra space in your house.If you get a spare bedroom, so you can find a roommate or set the space on AirBnB for travellers.

This really is a super painless way to earn $500 to $1,000 a month without much effort you may even be able to pay 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 already have.Given the expansion in the sharing economy, your junk can start to pay for itself.

If your furniture is more modern but you cant bear to get rid of it a home stager will be interested.Become a peer to peer lender.Websites such as LendingClub streamline the lending process between peers/friends. Returns are promoted as 5-7%+ and reach on your account as monthly payments. There's some risk of default, however, the risk can be minimized with sufficient diversification.Become a private 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 funds 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 latest trends to figure out what sorts of graphics could market, you can post your design on CafePress Shop or Redbubble, where customers can buy all different kinds of merchandise printed with your design.

If one is taken, the only recourse is to approach the owner find to discuss a sale. When there are other variations you could choose, sometimes owning a certain domain (especially if it's connected to a business) can be well worth the premium. Often, people will scout out domain names which are still accessible, purchase 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 site (advertisement + affiliate income). This is the way many bloggers make money! Again, it's not 100% passive but once set up properly and then scaled, find out this here can be surprisingly lucrative.Buy a laundromat/car wash.Laundromats and car washes are infamous for being cash flow machines, but until you buy one make sure that you complete your due diligence.