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But if marketed correctly (via blogging hubs in your niche, for instance ), you might have residual sales that last a very long time.Generally, e-books can sell well since they're priced low. If your customer can afford to get a functioning notebook, tablet, or smartphone on that to browse the e-book, they can manage to purchase a cheap e-book without much financial trouble.

But, online courses even generally cost upwards of $100, while e-books tend to be under $10. Make an online course.If you've specialized 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 the website using your unique link, you will receive a commission on their purchase. This 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 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 credit account with them.

Some of the very best travel charge cards provide 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 apply the very same ideas 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 it'll be taxed like interest income, which can be passive income.Advertise on your blog.If you run a blog and receive decent traffic, so you can incorporate ads to your site. These can normally be on the sidebar, and perhaps at the bottom of your articles.

If you have a great deal of traffic, then this can add up to a decent chunk of change.If you need to start a blog, here's my simple ten-minute guide to starting a blog.Rent out additional room in your house.If you get a spare bedroom, you can find a roommate or set the distance on AirBnB for travellers.

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

If your furniture is more modern but you cant bear to eliminate 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 your account as monthly payments. There is some risk of default, but the risk can be minimized with adequate diversification.Become a private 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 funds 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 latest trends to figure out what sorts of images could 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 discuss a sale. While there are other variations you description can choose, occasionally owning a certain domain (especially if it's connected to a business) can be well worth the premium. Often, people will scout out domain names which are still available, buy themand 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're 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 setup correctly and then scaled, can be surprisingly lucrative.Buy a laundromat/car wash.Laundromats and car washes are infamous for being cash flow machines, but before you buy one make sure that you complete your due diligence.