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

But, online classes even generally cost upwards of $100, while e-books tend to be under $10. Create an online course.If you have specialized knowledge in a certain topic, you can assemble an online course to teach 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'll be given a commission on their purchase. That 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's my simple 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.

Some of the best travel credit cards offer 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 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 use the very same ideas towards bank promotions and bonus offers with no credit hit.

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The income will typically be reported 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 site and receive decent traffic, you can incorporate ads to your website. These can usually be on the sidebar, and possibly Discover More at the bottom of your articles.

In case you have a great deal 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 additional space in your house.If you get 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 much effort you may even have the ability to pay your mortgage payment with this extra income! (if it's your first time, then use this link to get $40 in traveling credit)Rent out things you already have.Given the expansion in the sharing economy, your own junk can start to cover itself.

If your furniture is much more modern but you cant bear to get rid of it perhaps 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's some chance of default, but the risk can be minimized with sufficient diversification.Become a private 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 funds 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're creative and can tap into the latest trends to figure out what sorts of images could market, 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 is to approach the owner to discuss a sale. While there are different variations you could choose, sometimes owning a certain domain (particularly if it's attached to a business) can be well 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 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). This is the way many bloggers earn money! Again, it is not 100% passive but once set up properly and then climbed, 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 you complete your due diligence.

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