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But if promoted correctly (through blogging hubs in your niche, for example), you could have residual sales that last a very long time.Generally, e-books can sell very well because they're priced low. If your client can afford to have a functioning laptop, tabletcomputer, or smartphone on which to read the e-book, they can manage to buy a cheap e-book without much financial difficulty.

But, online classes even generally 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 course to teach others. By way of example, if you have experience in real estate investing, you can produce an online course Real Estate Investing 101.

Fundamentally, when they click through the website using your unique link, you will be given a commission on their order. 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 start a blog, here is 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 charge account with them.

Some of the very best travel charge cards provide 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 (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 apply the same ideas towards bank promotions and bonus offers with no credit hit.

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The income will generally be reported on a Form 1099-INT so that it'll be taxed like interest income, which can be 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 perhaps at the bottom of your articles.

In case you have 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 simple ten-minute guide to starting a blog.Rent out additional room in your house.If you get see it here a spare bedroom, so you can find a roommate or set the distance on AirBnB for travellers.

This really is a super painless way to earn $500 to $1,000 a month without much effort you might even have the ability to cover your mortgage payment with this extra income! (if it is your first time, use this link for $40 in travel credit)Rent out items you have.Given the growth in the sharing economy, your junk can start to cover 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 promoted as 5-7%+ and reach your account as monthly payments. There's some risk of default, but the threat can be minimized with sufficient 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 consented upon.Design products to sell on CafePress or even Redbubble.If you're creative and can tap into the most recent trends to figure out what sorts of images could sell, you can post your design on CafePress Shop or Redbubble, where clients can purchase all 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. When there are different 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 that are still accessible, buy them, and 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 also have your own site (advertisement + affiliate income). That is how many bloggers earn money! Again, it's not 100% passive but once setup correctly and then climbed, 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 hop over to these guys one make sure you complete your due diligence.