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But if marketed correctly (via blogging hubs in your niche, by way of 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 have 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 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 technical knowledge in a certain topic, you can put together an online class to educate others. For 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 purchase. This 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 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 credit account with them.

Some of the best travel charge cards provide 100,000 points into 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 (free of airfare).For those 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 apply the very same ideas towards bank promotions and bonus offers with no credit score 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 can be passive income.Advertise on your blog.If you run a site and get decent traffic, you can incorporate ads to your site. These will normally be on the sidebar, and perhaps at the bottom of your articles.

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

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This is a super painless way to earn $500 to $1,000 per month without a lot of effort you might even be able to cover your mortgage payment with this excess income! (if it's your very first time, use this link to get $40 in traveling credit)Rent out things you 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 still cant bear to eliminate it perhaps a home stager will be interested.Become a peer to peer lender.Websites like LendingClub streamline the lending process between peers/friends. Returns are promoted as 5-7%+ and reach your account as monthly payments. There's description some chance of default, however, the threat can be minimized with adequate 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 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 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 would be to approach the owner to discuss a sale. While there are other variations you can choose, sometimes owning a certain domain (especially if it's connected to your business) can be well worth the premium. Often, individuals will scout out domain names that 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 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 that you complete your due diligence.

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