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However, if marketed correctly (via blogging affiliates in your niche, for example), you might have residual sales that last a very long time.Generally, e-books can sell well because they are priced low. If your customer can afford to get a functioning laptop, tablet, or smartphone on which to read the e-book, they can afford to purchase a cheap e-book without much financial difficulty.

However, online classes even typically cost upwards of $100, while e-books tend to be under $10. Create an online course.If you've technical knowledge in a certain subject, 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.

Fundamentally, when they click through 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 begin 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 charge account together.

Some of the best travel charge cards offer 100,000 points to 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 (for free 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 score 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 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 receive decent traffic, so you can incorporate ads to your website. These will usually be on the sidebar, and possibly at the bottom of your articles.

In case you've got a lot of traffic, this can add up to a 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 get 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 pay your mortgage payment with this excess income! (if it is your very 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 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 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 some chance of default, however, the threat can be minimized with sufficient 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 capital 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 latest trends to determine what sorts of graphics would sell, you can post your design on CafePress Shop or Redbubble, where customers can buy many 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. While there are different variations you can choose, sometimes owning a certain domain (particularly if it is attached to a important source business) can be worth the premium. Often, individuals will scout out domain names which are still accessible, buy themand then sit on them in order to sell them down the street.

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You can even combine this with different marketing campaigns if you are an influencer and have your own site (advertisement + affiliate income). This is how many bloggers earn money! Again, it is 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 cash flow machines, but until you buy one make sure you complete your due diligence.

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