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But if promoted correctly (through blogging affiliates 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 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 classes even generally 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 put together an online class 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.

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 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 you sign-up bonuses to entice you to open a charge account together.

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 (for free airfare).For individuals 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 rating and pursue credit card bonuses, you can use the same ideas towards bank promotions and bonus offers without the credit hit.

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The income will typically be recorded on a Form 1099-INT so that it'll be taxed like interest income, which is passive income.Advertise on your blog.If you run a site and get decent traffic, you can incorporate ads to your website. These will usually be on the sidebar, and possibly at the bottom of your posts.

In case you have a lot of traffic, then this can add up to some 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 get a spare bedroom, you can Full Report find a roommate or set the distance on AirBnB for travelers.

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

If your furniture is more modern but you still cant bear to eliminate it perhaps 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 your account as monthly payments. There is some chance of Passive Income In South Africa default, however, the risk can be minimized with sufficient diversification.Become a personal 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 capital for a short term in web link exchange for an interest rate that is mutually consented upon.Design products to market on CafePress or even 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 buy all different kinds of merchandise printed with your design.

If one is taken, the only recourse would be to approach the owner to go over a sale. When there are different variations you could choose, occasionally owning a certain domain (particularly if it is attached to your business) can be well worth the premium. Often, individuals will scout out domain names which are still available, purchase them, and then sit on them in order to sell them down the street.

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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). This is how many bloggers make money! Again, it is not 100% passive but once set up 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 you complete your due diligence.

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