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However, if promoted correctly (through blogging hubs in your niche, for example), you might have residual earnings that last a very long time.Generally, e-books can sell very well since they're priced low. If your customer can afford to have a functioning notebook, tabletcomputer, or smartphone on which to read the e-book, they can manage to buy a cheap e-book without much financial difficulty.

But, 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 topic, you can assemble an online class to teach others. For instance, if you have experience in real estate investing, you can produce an online course Real Estate Investing 101.

Basically, when they click through the website using your unique link, you'll be given a commission on their order. That is the way 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 sign-up bonuses to entice you to open a credit account with them.

Some of the very best travel charge cards offer 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 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 very same notions towards bank promotions and bonus offers with no credit 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 site. These can normally be on the sidebar, and possibly at the bottom of your posts.

If you have a great deal 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 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 a month without much effort you may 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 items you already have.Given the growth in the sharing economy, your junk can begin to pay for itself.

If your furniture is much more modern but you still cant bear to eliminate 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 promoted as 5-7%+ and hit on your account as monthly payments. There's some risk of default, but the threat can be minimized with sufficient 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 uses your capital for a short-term in exchange for an interest rate that's mutually consented upon.Design products to sell on CafePress or Redbubble.If you are creative and can tap into the most recent trends to see this determine what sorts of graphics would market, 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 would be to approach the owner to discuss a sale. While there are different variations you could choose, sometimes owning a certain domain (particularly if it is attached to your business) can be worth the premium. Often, people will scout out domain names which are still accessible, purchase them, and then sit on them in order to market 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 blog (advertisement + affiliate income). That is how many bloggers make money! Again, it is not 100% passive but once set up correctly and then climbed, can be surprisingly lucrative.Buy that 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.