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However, if marketed correctly (through blogging affiliates in your niche, by way of example), you could have residual earnings that last a very long time.Generally, e-books can sell well because they're priced low. If your client can afford to have a functioning laptop, tabletcomputer, 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 generally cost upwards of $100, while e-books tend to be under $10. Create an online course.If you have 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.

Basically, when they click through to 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 start 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 together.

Some of the very best travel charge cards offer 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 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 apply the very same notions towards bank promotions and bonus offers without the credit hit.

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The income will generally be recorded on a Form 1099-INT so it'll be taxed like interest income, which is passive income.Advertise read the full info here on your blog.If you run a site and receive decent traffic, so 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 lot of traffic, this can add up to a decent chunk of change.If you need to start a blog, here is my simple ten-minute guide to starting a blog.Rent out extra room in your house.If you get a spare bedroom, you can find a roommate or list the space on AirBnB for travelers.

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This really is a super painless way to earn $500 to $1,000 a month without a lot of effort you might even be able to pay your mortgage payment with this excess income! (if it's your very first time, then use this link for $40 in traveling credit)Rent out items you have.Given the expansion in the sharing economy, your own junk can start to cover itself.

If your furniture is more modern but you still cant bear to eliminate it a home stager will probably be interested.Become a peer to peer peer lender.Websites such as LendingClub streamline the lending process between peers/friends. Returns are promoted as 5-7%+ and hit your account as monthly payments. There is some risk of default, however, the threat can be minimized with sufficient 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 is mutually consented upon.Design products to sell on CafePress or Redbubble.If you are 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 customers can buy all different kinds of merchandise printed with your design.

If one is taken, the only recourse is to approach the owner to go over a sale. When there are other variations you could choose, sometimes owning a certain domain (especially if it's connected to your business) can be 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 blog (advertisement + affiliate income). This is the way many bloggers earn money! Again, it's not 100% passive but once setup correctly and then scaled, can be surprisingly lucrative.Buy a laundromat/car wash.Laundromats and car washes are infamous for being money flow machines, but before you buy one make sure you complete your due diligence.

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