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However, if promoted correctly (through blogging hubs in your niche, for instance ), you could have residual earnings that last a very long time.Generally, e-books can sell very well because they're priced low. If your customer can afford to get a functioning laptop, tablet, or smartphone on which to browse the e-book, they can afford to buy a inexpensive e-book without much financial trouble.

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 assemble an online class 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 order. 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 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 credit account with them.

A number of the best travel credit cards offer 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 great 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 use the same ideas 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 it'll be taxed like interest income, which is passive income.Advertise on your blog.If you run a blog and get decent traffic, so you can incorporate ads to your website. These will usually be on the sidebar, and possibly at the bottom of your posts.

If you've got a great deal of traffic, then 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 extra space in your house.If you get a spare bedroom, so you can find a roommate or list the distance on AirBnB for travelers.

This really is a super painless way to earn $500 to $1,000 per month without much effort you may even be able to cover your mortgage payment with this excess income! (if it is your very first time, then use this link to get $40 in travel credit)Rent out items you already have.Given the growth in the sharing economy, your junk can start to cover itself.

If your furniture is much this page more modern but you still 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 on your account as monthly payments. There's some risk of default, however, the threat can be minimized with sufficient diversification.Become a personal 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 capital for a short-term in exchange for an interest rate that is mutually consented upon.Design products to market on CafePress or even Redbubble.If you are creative and can tap into the latest trends to determine what sorts of graphics could market, you can post your design on CafePress Shop or Redbubble, where customers 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 can choose, occasionally owning a certain domain (particularly if it's connected to a business) can be well worth the premium. Often, people will scout out domain names that 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 are an influencer and have your own blog (advertisement + affiliate income). That 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 that 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.