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However, if marketed correctly (through blogging hubs in your niche, for instance ), you could have residual sales that last a very long time.Generally, e-books can sell well since they're priced low. If your client can afford to get a functioning laptop, tablet, or smartphone on that to read the e-book, they can manage to buy a cheap e-book without much financial difficulty.

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

Fundamentally, when they click through to the website using your unique link, you'll receive 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 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 credit account together.

A number of the best travel charge cards provide 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 (for free airfare).For individuals 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 use the very same ideas towards bank promotions and bonus offers with no credit score hit.

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The income will typically be reported 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 site and receive decent traffic, so you can incorporate ads to your site. These will usually be on the sidebar, and possibly at the bottom of your posts.

If you have a lot of traffic, then this can like this 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 space in your house.If you get a spare bedroom, so you can find a roommate or set the distance on AirBnB for travelers.

This is a super painless way to earn $500 to $1,000 a month without a lot of effort you might even have the ability to pay your mortgage payment with this extra income! (if it's your first time, then use this link to get $40 in travel credit)Rent out things you have.Given the expansion 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 probably be interested.Become a peer to peer lender.Websites such as LendingClub streamline the lending process between peers/friends. Returns are advertised as 5-7%+ and hit on your account as monthly payments. There is some risk of default, but the risk can be minimized with sufficient diversification.Become a private 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 uses your capital for a short-term in exchange for an interest rate that's mutually agreed upon.Design products to sell on CafePress or even Redbubble.If you are creative and can tap into the most recent trends to determine what sorts of images would sell, you can post your design on CafePress Shop or Redbubble, where clients can buy many different kinds of merchandise printed with your design.

If one is taken, my explanation the only recourse would be to approach the owner to discuss a sale. When there are other variations you can choose, occasionally owning a certain domain (especially if it is attached to a business) can be well worth the premium. Often, individuals will scout out domain names which are still available, 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 have your own site (advertisement + affiliate income). This is the way many bloggers earn money! Again, it is not 100% passive but once setup correctly and then climbed, can be surprisingly lucrative.Buy a laundromat/car wash.Laundromats and car washes are infamous for being money flow machines, but until you buy one make sure that you complete your due diligence.