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But if marketed correctly (through blogging hubs in your niche, for example), you could have residual earnings 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 notebook, tabletcomputer, or smartphone on that to read the e-book, they can manage to buy a cheap e-book without much financial trouble.

But, online classes even generally cost upwards of $100, while e-books tend to be under $10. Make an online course.If you've technical knowledge in a certain subject, you can assemble an online class to educate others. For example, if you have experience in real estate investing, you can create an online class Real Estate Investing 101.

Fundamentally, when they click through to 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 start 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 with them.

A number of the 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 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 score and chase credit card bonuses, you can use the very same notions 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 is passive income.Advertise on your blog.If you run a blog and get decent traffic, so you can incorporate ads to your site. These can usually be on the sidebar, and perhaps at the bottom of your posts.

In case you've got a great deal of traffic, then this can add up to some decent chunk of change.If you need to start a blog, here is my simple ten-minute guide to starting a blog.Rent out extra room in your house.If you have 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 a lot of effort you may even be able to pay your mortgage payment with this extra income! (if it's your very first time, then use this link for $40 in travel credit)Rent out items you have.Given the expansion in the sharing economy, your own junk can begin to pay for itself.

If your furniture is more modern but you cant bear to get rid of 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 advertised as 5-7%+ and reach your account as monthly payments. There's some chance of default, however, the threat can be minimized with adequate diversification.Become a personal lender.As a private 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 market on CafePress or Redbubble.If you are creative and can tap into the latest trends to figure out what sorts of graphics would market, you can post your design on CafePress Shop or Redbubble, where clients can buy many different kinds of Our site merchandise printed with your design.

If one is taken, the only recourse would be to approach the owner to go over a sale. When there are different variations you can choose, occasionally owning a certain domain (especially if it is attached to your business) can be worth the premium. Often, individuals will scout out domain names that are still available, purchase 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're an influencer and have your own site (advertisement + affiliate income). That is how many bloggers make 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 Resources flow machines, but until you buy one make sure you complete your due diligence.