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However, if marketed correctly (through blogging hubs in your niche, by way of instance ), you might have residual sales that last a very long time.Generally, e-books can sell well since they're priced low. If your client can afford to get a functioning laptop, tablet, or smartphone on that to browse the e-book, they can afford to buy a inexpensive 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 have technical knowledge in a certain subject, you can put together an online course to educate others. For instance, if you have experience in real estate investing, you can produce an online class Real Estate Investing 101.

Fundamentally, when they click through to the website using your unique link, you'll receive a commission on their purchase. 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 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 you sign-up bonuses to entice you to open a credit account with them.

Some of the very best travel credit cards offer 100,000 points into 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 (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 pursue credit card bonuses, you can apply the same ideas towards bank promotions and bonus offers without the 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 can Learn More Here be passive income.Advertise 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 posts.

If you've got a lot of traffic, this can add up to a decent chunk of change.If you need to begin a blog, here's my simple ten-minute guide to starting a blog.Rent out extra room in your house.If you have a spare bedroom, you can find a roommate or set the distance on AirBnB for travelers.

This really is a super painless way to earn $500 to $1,000 per month without much effort you might even have the ability to pay your mortgage payment with this extra income! (if it's your very first time, then use this link to get $40 in travel credit)Rent out items you have.Given the growth in the sharing economy, your own junk can start to pay for itself.

If your furniture is 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 check are promoted as 5-7%+ and hit on your account as monthly payments. There's some chance of default, but the risk 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 utilizes your capital for a short term in exchange for an interest rate that is mutually consented upon.Design products to sell on CafePress or even Redbubble.If you're creative and can tap into the latest trends to determine what sorts of graphics would market, you can post your design on CafePress Shop or Redbubble, where clients can purchase 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. 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, people will scout out domain names that are still accessible, purchase themand 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 also have your own site (advertisement + affiliate income). That is the way many bloggers make money! Again, it is not 100% passive but once set up correctly 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 your due diligence.