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However, if promoted correctly (through blogging hubs in your niche, by way of example), you could have residual earnings that last a very long time.Generally, e-books can sell well since they're priced low. If your client can afford to have a functioning notebook, tabletcomputer, or smartphone on that to browse the e-book, they can manage to buy a cheap e-book without much financial difficulty.

But, online courses even generally 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. For example, if you have experience in real estate investing, you can produce 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. 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 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 best travel credit cards offer 100,000 points to 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 that 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 chase 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 typically be recorded on a Form 1099-INT so it'll be taxed like interest income, which can be passive income.Advertise on your blog.If you run a blog and receive decent traffic, so check you can incorporate ads to your site. These can normally be on the sidebar, and perhaps at the bottom of your articles.

If you've got 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 additional space in your house.If you have a spare bedroom, you can find a roommate or list the distance on AirBnB for travellers.

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This is a super painless way to earn $500 to $1,000 a month without much effort you might even be able to pay your mortgage payment with this excess income! (if it's your very first time, then use this link for $40 in traveling credit)Rent out items you already have.Given the growth 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 get rid of it perhaps a home stager will probably 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 reach on your account as monthly payments. There's some chance of default, but the threat can be minimized with adequate diversification.Become a personal 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 uses your capital for a short-term in exchange for an interest rate that's mutually agreed upon.Design products to sell on CafePress or even Redbubble.If you are creative and can tap into the latest trends to determine what sorts of graphics would sell, you can post your design on CafePress Shop or Redbubble, where customers 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 different variations you can choose, sometimes owning a certain domain (particularly if it's connected to your business) can be well worth the premium. Often, people will scout out domain names that are still accessible, 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). That is how many bloggers make money! Again, it's not 100% passive but once setup correctly and then scaled, can be surprisingly lucrative.Buy a laundromat/car wash.Laundromats and car washes are infamous for being money flow machines, but until you buy one make sure you complete your due diligence.

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