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But if marketed correctly (via 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 well since they are priced low. If your customer can afford to get a functioning laptop, tablet, or smartphone on that to browse the e-book, they can manage to buy a inexpensive e-book without much financial trouble.

However, online courses even typically 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 teach others. For instance, if you have experience in real estate investing, you can produce an online class 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. 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 you sign-up bonuses to entice you to open a charge account with them.

Some of the best travel credit 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 (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 score and chase credit card bonuses, you can apply the very same ideas towards bank promotions and bonus offers with no credit score 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 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 normally 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 some decent chunk of change.If you need to start a blog, here's my simple ten-minute guide to starting a blog.Rent out additional space in your house.If you get a spare bedroom, you can find a roommate or list their explanation 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 excess income! (if it is your very first time, use this link to get $40 in traveling credit)Rent out items 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 cant bear to eliminate it a home stager will probably be interested.Become a peer to peer peer lender.Websites like LendingClub streamline the lending process between peers/friends. Returns are promoted as 5-7%+ and hit on your account as monthly payments. There's some risk of default, however, the threat can be minimized with sufficient diversification.Become a private 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 uses your capital for a short term in exchange for an interest rate that is mutually agreed upon.Design products to sell on CafePress or even Redbubble.If you are creative and can tap into the latest trends to figure out what sorts of graphics could sell, 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 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 is connected to your business) can be well worth the premium. Often, individuals will scout view publisher site out domain names that are still accessible, 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 also have your own blog (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 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.