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However, if marketed correctly (through blogging hubs in your niche, for instance ), you might 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, tablet, or smartphone on which to read the e-book, they can afford to buy a inexpensive e-book without much financial trouble.

But, online courses even generally 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 class to teach others. By way of example, if you have experience in real estate investing, you can produce an online class Real Estate Investing 101.

Basically, when they click through to the website using your unique link, you'll receive 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 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 with them.

A number of the best travel credit cards provide 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 (free of airfare).For individuals 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 chase credit card bonuses, you can apply the very same ideas towards bank promotions and bonus offers without the credit score 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, you can incorporate ads to your website. These will normally be on the sidebar, and perhaps at the bottom of your posts.

If you've got a great deal of traffic, this can add up to some 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 room in your house.If you get a spare bedroom, so you can find a roommate or list the distance on AirBnB for travellers.

This is a super painless way to earn $500 to $1,000 per month without a lot of 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 for $40 in traveling credit)Rent out things you already have.Given the expansion in the sharing economy, your own junk can begin to cover itself.

If your furniture is 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 reach on your account as monthly payments. There's some risk of Home Page default, but the risk can be minimized with adequate diversification.Become a private lender.As a private lender, you also 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're creative and can tap into the latest trends to determine what sorts of graphics could sell, 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 is to approach the owner to discuss a sale. When there are other variations you can choose, sometimes owning a certain domain (particularly if it is connected to a business) can be worth the premium. Often, individuals will scout out domain names that are still accessible, buy them, and then sit on them in order to market 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). That is the way many bloggers make money! Again, it is not 100% passive but once setup properly and then climbed, can be surprisingly lucrative.Buy a laundromat/car wash.Laundromats and car washes are infamous for being cash flow machines, but until you buy one make sure that you complete your due diligence.