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But if promoted correctly (via blogging hubs in your niche, for instance ), you might have residual sales that last a very long time.Generally, e-books can sell very well since they're priced low. If your customer can afford to get a functioning laptop, tablet, or smartphone on that to browse the e-book, they can afford to purchase a cheap e-book without much financial trouble.

But, online classes even typically cost upwards of $100, while e-books tend to be under $10. Make an online course.If you've technical knowledge in a certain subject, you can assemble an online class to teach others. For instance, 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 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 you 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 to new accounts when you fulfill 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 chase 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 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 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.

If you've got a lot of traffic, then this can add up to a 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 space in your house.If you have a spare bedroom, you can find a roommate or list the space 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 may even have the ability to cover your mortgage payment with this extra income! (if it's your very first time, use this link to get $40 in traveling credit)Rent out items you already 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 still cant bear to get rid of it a home stager will probably be interested.Become a why not find out more peer to peer lender.Websites such as LendingClub streamline the lending process between peers/friends. Returns are advertised as 5-7%+ and hit on your account as monthly payments. There is some chance of default, however, the risk 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 uses your funds for a short term in exchange for an interest rate that's mutually agreed upon.Design products to market on CafePress or Redbubble.If you are creative and can tap into the latest trends to determine what sorts of images could market, 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 would be 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 out domain names that are still accessible, buy themand then sit on them in order to market 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 setup correctly and then climbed, can be surprisingly lucrative.Buy read what he said that a laundromat/car wash.Laundromats and car washes are infamous for being cash flow machines, but before you buy one make sure that you complete your due diligence.

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