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But if promoted correctly (via blogging affiliates in your niche, for instance ), you could have residual earnings 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 notebook, tablet, or smartphone on which to browse the e-book, they can manage to buy a inexpensive e-book without much financial trouble.

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 topic, you can assemble an online class 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 will receive 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 start 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 sign-up bonuses to entice you to open a charge account with them.

Some of the very best travel credit 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 (free of airfare).For those 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 very same notions towards bank promotions and bonus offers without the credit hit.

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The income will typically be recorded on a Form 1099-INT so 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 usually be on the sidebar, and perhaps at the bottom of your articles.

In case you've got a great deal of traffic, then this can add up to some 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 room in your house.If you get a spare bedroom, so you can find a roommate or list the distance on AirBnB for travellers.

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This really is a super painless way to earn $500 to $1,000 per 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 travel credit)Rent out items you have.Given the expansion 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 get rid of 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 hit 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 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 agreed upon.Design products to market on CafePress or even Redbubble.If you are creative and can tap into the most recent trends to determine what sorts of graphics would market, you can post your design on CafePress Shop or Redbubble, where clients can buy 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 (especially if it's connected to your business) can be well worth the premium. Often, individuals will scout 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're an influencer and also have your own blog (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 published here washes are infamous for being money flow machines, but before you buy one make sure that you complete your due diligence.

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