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However, if promoted correctly (through blogging affiliates in your niche, by way of example), you could have residual sales that last a very long time.Generally, e-books can sell well because they're priced low. If your customer can afford to have a functioning laptop, tabletcomputer, or smartphone on which to browse the e-book, they can manage to purchase a inexpensive e-book without much financial trouble.

But, online classes even generally cost upwards of $100, while e-books tend to be under $10. Make an online course.If you've specialized knowledge in a certain subject, you can put together an online course to educate others. By way of example, if you have experience in real estate investing, you can create an online class Real Estate Investing 101.

Fundamentally, when they click through the website using your unique link, you'll receive a commission on their purchase. This 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 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 together.

Some of the best travel charge cards provide 100,000 points to 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 those 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 use the same notions towards bank promotions and bonus offers with no credit hit.

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The income will typically be recorded 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 website. These will usually be on the sidebar, and possibly at the bottom of your posts.

In case you have a great deal of traffic, this can add up to some decent chunk of change.If right here you need to start a blog, here is my easy ten-minute guide to starting a blog.Rent out extra room in your house.If you have a spare bedroom, so you can find a roommate or set the distance on AirBnB for travelers.

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

If your furniture is much 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 promoted as 5-7%+ and reach on your account as monthly payments. There is some chance of default, however, the threat can be minimized with adequate diversification.Become a personal lender.As a private 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's mutually agreed upon.Design products to market on CafePress or even Redbubble.If you're creative and can tap into the latest trends to figure out what sorts of images could market, you can post your design on CafePress Shop or Redbubble, where clients can purchase many different kinds of merchandise printed with your design.

If one is taken, the only recourse is to approach the owner to discuss a sale. When there are other variations you could choose, occasionally owning a certain domain (particularly if it's attached to a business) can be well worth the premium. Often, individuals 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 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, can be surprisingly lucrative.Buy that a laundromat/car wash.Laundromats and car washes are infamous for being cash flow machines, but until you buy one make sure you complete your due diligence.