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However, if promoted correctly (via blogging hubs in your niche, by way of instance ), 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, tabletcomputer, or smartphone on which to read the e-book, they can afford to purchase a cheap e-book without much financial trouble.

But, online classes even typically 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 create an online class Real Estate Investing 101.

Basically, when they click through to the website using your unique link, you will 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 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 charge account with them.

A number of the very best travel charge 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 those 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 chase credit card bonuses, you can apply the same notions towards bank promotions and bonus offers with no credit score hit.

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The income will generally be reported 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 can usually be on the sidebar, and perhaps at the bottom of your articles.

If you've got a lot 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 extra room in your house.If you have a spare bedroom, you can find a roommate or set the space on AirBnB for travelers.

This really is a super painless way to earn $500 to $1,000 per month without a lot of effort you may even be able to cover your mortgage payment with this extra income! (if it is your very first time, use this link to get $40 in traveling 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 eliminate it a home stager will be interested.Become a peer to peer lender.Websites navigate to this site such as LendingClub streamline the lending process between peers/friends. Returns are promoted as 5-7%+ and hit on your account as monthly payments. There's some risk of default, however, the risk 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 uses your funds for a short-term in exchange for an interest rate that is mutually consented upon.Design products to sell on CafePress or Redbubble.If you're creative and can tap into the latest trends to determine 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 is to approach the owner to go over a sale. When there are other variations you could choose, occasionally owning a certain domain (particularly if it's attached to your business) can be well worth the premium. Often, individuals will scout out domain names which are still accessible, buy them, and 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 site (advertisement + affiliate income). This is the way many bloggers earn money! Again, it's not 100% passive but once set up correctly and then scaled, can be surprisingly lucrative.Buy that 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.