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However, if marketed correctly (through blogging hubs in your niche, by way of instance ), you could have residual earnings that last a very long time.Generally, e-books can sell very well because they are priced low. If your customer can afford to get a functioning laptop, tabletcomputer, or smartphone on which to read the e-book, they can afford to purchase a cheap e-book without much financial trouble.

However, online courses even generally cost upwards of $100, while e-books tend to be under $10. Create an online course.If you have technical knowledge in a certain topic, you can put together an online course to educate others. For example, 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 will 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 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 together.

A number of the best travel charge 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 (for free airfare).For those 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 rating and pursue credit card bonuses, you can use the same ideas towards bank promotions and bonus offers without the 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 blog and get decent traffic, so you can incorporate ads to your website. These will normally be on the sidebar, and possibly at the bottom of your posts.

If you have a lot of traffic, then this can add up to some decent chunk of change.If you need to start a blog, here's my easy ten-minute guide to starting a blog.Rent out extra room in your house.If you get a spare bedroom, you can find a roommate or list the space on AirBnB for travelers.

This is a super painless way to earn $500 to $1,000 a month without much effort you may even be able to pay your mortgage payment with this excess income! (if it is your very first time, use this link to get $40 in travel credit)Rent out items you have.Given the growth in the sharing economy, your junk can begin to cover 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 such as LendingClub streamline the lending process between peers/friends. Returns are promoted as 5-7%+ and reach on your account as monthly payments. There is some chance of default, but the risk can be minimized with adequate diversification.Become a personal lender.As a private lender, you can lend to anyone in my review here 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 consented upon.Design products to sell on CafePress or even Redbubble.If you are creative and can tap into the latest trends to determine what sorts of images would sell, you can post your design on CafePress Shop or Redbubble, where clients can purchase all different kinds of 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 could choose, sometimes owning a certain domain (particularly if it's attached to your business) can be worth the premium. Often, people will scout out domain names which are still available, buy themand 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're an influencer and also have your own blog (advertisement + affiliate income). This is how many bloggers make money! Again, it is not 100% passive but once setup properly 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.