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But if marketed correctly (through blogging hubs in your niche, for example), you might have residual sales that last a very long time.Generally, e-books can sell very well since they're priced low. If your customer can afford to get a functioning notebook, tablet, or smartphone on that to read the e-book, they can afford to purchase a inexpensive e-book without much financial difficulty.

But, online courses even typically cost upwards of $100, while e-books tend to be under $10. Make an online course.If you've specialized knowledge in a certain topic, you can put together an online class to teach 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 the website using your unique link, you will receive a commission on their order. 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 start a blog, here's 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.

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 (for free airfare).For those who 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 pursue credit card bonuses, you can use the very same notions towards bank promotions and bonus offers with no credit hit.

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The income will generally be recorded 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, you can incorporate ads to your website. These can normally be on the sidebar, and possibly at the bottom of your posts.

If you've got a lot of traffic, this can add up to some decent chunk of change.If you need to begin a blog, here's my simple ten-minute guide to starting a blog.Rent out additional space in your house.If you get a spare bedroom, so you can find a roommate or list the space on AirBnB for travelers.

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This really is a super painless way to earn $500 to $1,000 per month without much effort you may even be able to pay your mortgage payment with this excess income! (if it is your first time, use this link to get $40 in travel credit)Rent out items you already 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 a peer to peer lender.Websites such as LendingClub streamline the lending process between peers/friends. Returns are promoted as 5-7%+ and reach your account as monthly payments. There is some risk of default, but the threat 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 agreed upon.Design products to sell on CafePress or Redbubble.If you're creative and can tap into the most recent trends to figure out what sorts of images would market, 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. While there are other variations you could choose, occasionally owning explanation a certain domain (particularly if it's attached to your business) can be worth the premium. Often, people will scout out domain names which are still accessible, purchase themand then sit on them in order to market them down the road.

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You can even combine this with different marketing campaigns if you're 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 set up correctly and then scaled, can be surprisingly lucrative.Buy a laundromat/car wash.Laundromats and car washes are infamous for being cash flow machines, but before you buy one make sure that you complete your due diligence.

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