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However, if promoted 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 very well since they are priced low. If your client can afford to have a functioning notebook, tablet, or smartphone on that to browse the e-book, they can manage to buy 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. Make an online course.If you have technical knowledge in a certain subject, you can assemble an online class to teach others. For example, 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 purchase. That is the way 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 together.

A number of the very best travel charge cards provide 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 (free of airfare).For those 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 chase credit card bonuses, you can apply the 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 get decent traffic, so you can incorporate ads to your website. These Web Site can usually be on the sidebar, and possibly at the bottom of your articles.

In case 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 easy 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 travelers.

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

If your furniture is much more modern but you still cant bear to eliminate it a home stager will be interested.Become a peer to peer 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 chance of default, however, 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 agreed upon.Design products to market on CafePress or Redbubble.If you're creative and can tap into the latest trends to determine what sorts of graphics could sell, you can post your design on CafePress Shop or Redbubble, where customers 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. When there are other variations you can choose, sometimes owning a certain domain (especially if it's attached to a business) can be worth the premium. Often, people will scout out domain names which are still available, purchase 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're an influencer and have your own site (advertisement + affiliate income). This is the way many bloggers make money! Again, it's not 100% passive but once set up properly and then scaled, can be surprisingly lucrative.Buy a laundromat/car wash.Laundromats and car washes are infamous for being money flow machines, but before you buy one make sure that you complete your due diligence.

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