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But if promoted 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 are priced low. If your customer can afford to get a functioning laptop, tablet, or smartphone on which to browse the e-book, they can manage to buy a cheap e-book without much financial difficulty.

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 course to educate others. For instance, if you have experience in real estate investing, you can produce an online course Real Estate Investing 101.

Basically, when they click through 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's 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 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 (free of 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 rating and chase credit card bonuses, you can apply the same ideas towards bank promotions and bonus offers without the credit score hit.

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The income will generally be reported 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 receive decent traffic, you can incorporate ads to your website. These can usually be on the sidebar, and perhaps at the bottom of your posts.

If you have a lot of traffic, this can add up to a decent chunk of change.If you need to begin a blog, here is my easy ten-minute guide to starting a blog.Rent out extra room in your house.If you have a spare bedroom, you can find a roommate or list the space on AirBnB for travellers.

This really is a super painless way to earn $500 to $1,000 a month without a lot of effort you may even have the ability to cover 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 have.Given the growth in the sharing economy, your own junk can start to pay for why not check here itself.

If your furniture is much more modern but you still cant bear to get rid of it 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 why not try these out are advertised as 5-7%+ and hit your account as monthly payments. There is some risk of default, however, 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 utilizes your funds for a short term in exchange for an interest rate that is mutually agreed upon.Design products to sell on CafePress or even Redbubble.If you're creative and can tap into the most recent trends to figure out what sorts of images could 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. While there are other variations you can choose, occasionally owning a certain domain (particularly if it's connected to your business) can be worth the premium. Often, people will scout out domain names which are still available, purchase themand then sit on them in order to sell them down the road.

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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 is not 100% passive but once setup 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 before you buy one make sure you complete your due diligence.