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But if promoted correctly (via blogging hubs in your niche, by way of example), you could have residual sales that last a very long time.Generally, e-books can sell well because they're priced low. If your customer can afford to have a functioning notebook, tablet, or smartphone on which to read the e-book, they can manage to purchase 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. Make an online course.If you've technical knowledge in a certain subject, you can assemble an online course to educate others. By way of example, 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 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 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 best travel charge 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 that 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 generally be reported on a Form 1099-INT so that it'll be taxed like interest income, which can be passive income.Advertise on your blog.If you run a blog 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 articles.

If you've got a lot of traffic, then 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 space 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 much effort you may even have the visit the site ability to pay your mortgage payment with this extra income! (if it is your first time, then use this link to get $40 in traveling credit)Rent out items you have.Given the growth in the sharing economy, your junk can begin to cover itself.

If your furniture is much more modern but you still cant bear to eliminate 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 promoted as 5-7%+ and hit your account as monthly payments. There's some risk of default, however, the risk can be minimized with sufficient diversification.Become a personal lender.As a personal 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's mutually consented upon.Design products to market on CafePress or even Redbubble.If you're creative and can tap into the most recent trends to figure out what sorts of graphics would sell, you can post your design on CafePress Shop or Redbubble, where customers 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. When there are different variations you can choose, occasionally owning a certain domain (particularly if it's connected to a business) can be worth the premium. Often, people will scout out domain names which are still available, purchase themand then sit on them in order to sell them down the road.

Unknown Facts About Passive Income In South Africa - Passive Income Ideas

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 the way many bloggers earn money! Again, it's not 100% passive but once setup correctly 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 that my response you complete your due diligence.