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But 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 very well because they're priced low. If your client can afford to get a functioning notebook, tabletcomputer, or smartphone on which to read the e-book, they can manage to purchase a cheap e-book without much financial trouble.

However, 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 put together an online course 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 to the website using your unique link, you will 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 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 sign-up bonuses to entice you to open a credit account together.

Some of the very best travel charge 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 those 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 apply the same notions towards bank promotions and bonus offers without the credit hit.

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The income will typically 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 site and get decent traffic, so you can incorporate ads to your site. These will normally be on the sidebar, and perhaps at the bottom of your articles.

If you've got a great deal of 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 room in your house.If you have a spare bedroom, you can find a roommate or set the distance on AirBnB for travellers.

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

If your furniture is much more modern but you cant bear to get rid of it a home stager will be interested.Become Passive Income In South Africa - Passive Income Ideas a peer to peer lender.Websites such as LendingClub streamline the lending process between peers/friends. Returns are advertised as 5-7%+ discover here and reach your account as monthly payments. There's some risk of default, however, the risk 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 utilizes your capital for a short term in exchange for an interest rate that is mutually agreed upon.Design products to sell on CafePress straight from the source or Redbubble.If you are creative and can tap into the most recent trends to determine what sorts of images would sell, you can post your design on CafePress Shop or Redbubble, where clients can purchase all 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 different variations you could choose, occasionally owning a certain domain (especially if it is connected to your business) can be well worth the premium. Often, individuals will scout out domain names that are still available, buy 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 are an influencer and also have your own blog (advertisement + affiliate income). That is how many bloggers earn money! Again, it is not 100% passive but once setup 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 until you buy one make sure that you complete your due diligence.