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But if promoted correctly (through blogging affiliates in your niche, by way of example), you could have residual sales that last a very long time.Generally, e-books can sell very well because they're priced low. If your customer can afford to get a functioning laptop, tabletcomputer, or smartphone on which to browse the e-book, they can manage to buy a cheap e-book without much financial trouble.

But, online courses even generally 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 create an online class Real Estate Investing 101.

Basically, when they click through the website using your unique link, you'll be given a commission on their order. That is how 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 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 credit account with them.

Some of the very best travel credit 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 (for free 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 use 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 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, you can incorporate ads to your site. These will usually be on the sidebar, and possibly at the bottom of your articles.

In case you've got a lot of browse around these guys traffic, this can add up to some 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 space in your house.If you have a spare bedroom, so you can find a roommate or list the distance on AirBnB for travelers.

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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 extra income! (if it is your very first time, use this link to get $40 in traveling credit)Rent out things you already have.Given the growth in the sharing economy, your junk can begin to cover itself.

If your furniture is more modern but you cant bear to get rid of 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 advertised as 5-7%+ and reach your account as monthly payments. There is some chance of default, but the threat can be minimized with adequate diversification.Become a private lender.As a private 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 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 graphics could sell, 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 would be to approach the owner to discuss a sale. While there are different variations you can choose, occasionally owning a certain domain (particularly if it is attached to your business) can be well worth the premium. Often, individuals my response will scout out domain names that are still available, 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 earn money! Again, it is not 100% passive but once set up properly and then climbed, can be surprisingly lucrative.Buy a laundromat/car wash.Laundromats and car washes are infamous for being cash flow machines, but until you buy one make sure you complete your due diligence.

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