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However, if promoted correctly (via blogging hubs in your niche, for example), you could have residual earnings that last a very long time.Generally, e-books can sell well since they are priced low. If your client can afford to have a functioning notebook, tabletcomputer, or smartphone on that to browse the e-book, they can afford to buy a cheap e-book without much financial difficulty.

However, online classes even typically cost upwards of $100, while e-books tend to be under $10. Create an online course.If you have technical knowledge in a certain subject, you can put together an online course to teach others. By way of instance, if you have experience in real estate investing, you can create an online course Real Estate Investing 101.

Basically, when they click through the website using your unique link, you'll receive 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'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 best travel credit cards provide 100,000 points into 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 (for free airfare).For individuals 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 score and pursue credit card bonuses, you can use the very same notions towards bank promotions and bonus offers with no credit hit.

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The income will generally be reported 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 site and get decent traffic, so 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 lot of traffic, then this can add up to some decent chunk of change.If you need to begin a blog, here is my simple ten-minute guide to starting a blog.Rent out additional room in your house.If you get a spare bedroom, you can find a roommate or set the space on AirBnB for travelers.

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

If your furniture is more modern but you still 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 advertised as 5-7%+ and reach on your account as monthly payments. There's some risk of default, however, the threat can be minimized with adequate diversification.Become a private lender.As a personal 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's mutually consented upon.Design products to market on CafePress or Redbubble.If you're creative and can tap into the most recent trends to figure out what sorts of images could sell, 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. While there are other variations you can choose, sometimes owning a certain domain (especially if it is attached to a business) can be worth the premium. Often, people will scout out domain names which are still accessible, purchase 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 are an influencer and have your own blog (advertisement + affiliate income). This is the way many bloggers earn money! Again, it is not 100% passive but once set up properly and then scaled, 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 check my blog your due diligence.