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However, if marketed correctly (through blogging hubs in your niche, for example), you might 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 get 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 difficulty.

But, online classes even typically cost upwards of $100, while e-books tend to be under $10. Make an online course.If you have specialized knowledge in a certain topic, you can assemble an online class to educate others. By way of example, if you have experience in real estate investing, you can create an online class Real Estate Investing 101.

Fundamentally, when they click through to the website using your unique link, you'll be given a commission on their order. This 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 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.

A number of the very best travel credit cards offer 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 those that 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 with no credit hit.

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The income will generally be reported 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 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 posts.

If you have a lot of traffic, this can add up to a decent chunk of change.If you need to start a blog, here's 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 set the distance on Home Page AirBnB for travellers.

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This is a super painless way to earn $500 to $1,000 per month without much effort you might even be able to pay your mortgage payment with this excess income! (if it is your very first time, then use this link for $40 in travel credit)Rent out items you have.Given the expansion in the sharing economy, your junk can begin to cover 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 peer to peer lender.Websites like LendingClub streamline the lending process between peers/friends. Returns are advertised as 5-7%+ and hit on your account as monthly payments. There's some chance of default, however, the threat can be minimized with adequate diversification.Become a personal 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 funds for a short term in exchange for an interest rate that's mutually consented upon.Design products to sell on CafePress or even Redbubble.If you're creative and can tap into the most recent trends to determine what sorts of images would 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 would be to approach the owner to discuss a sale. While there are different variations you could choose, occasionally owning a certain domain (especially if it is attached to your business) can be well worth the premium. Often, individuals will scout out domain names which are still available, buy them, and 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 site (advertisement + affiliate income). That is how many bloggers make money! Again, it's not 100% passive but once setup properly and then climbed, can be surprisingly lucrative.Buy that a laundromat/car wash.Laundromats and car washes are infamous for being money flow machines, but until you buy one make sure that you complete your due diligence.

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