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However, if promoted correctly (through blogging affiliates in your niche, for example), you could 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 get a functioning notebook, tablet, or smartphone on that to browse 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 class to educate others. For instance, 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 be given a commission on their purchase. This 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 start a blog, here is 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 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 (free of 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 rating and chase credit card bonuses, you can use the same notions towards bank promotions and bonus offers with no credit score hit.

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The income will typically be recorded on a Form 1099-INT so it'll be taxed like interest income, which is passive income.Advertise on your blog.If you run a blog and get decent traffic, so you can incorporate ads to your website. These can usually be on the sidebar, and perhaps at the bottom of your articles.

In case you've got a lot of traffic, then this can 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 additional space in your house.If you get a spare bedroom, so 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 per month without much effort you might even have the ability to cover your mortgage payment with this extra income! (if it is your very first time, then use this link to get $40 in travel credit)Rent out items you have.Given the expansion in the sharing economy, your own junk can begin to cover itself.

If your furniture is more modern but you still cant bear to get rid of it perhaps a home stager will probably be interested.Become a peer to peer peer lender.Websites such as LendingClub streamline the lending process between peers/friends. Returns are advertised as 5-7%+ and reach your account as monthly payments. There's some risk of default, but the risk can be minimized with adequate 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 utilizes your funds for a short-term in exchange for an interest rate that is mutually agreed upon.Design products to market on CafePress or even Redbubble.If you are creative and can tap into the latest trends to determine what sorts of images would market, 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. When there are different variations you could choose, sometimes owning a certain domain (especially if it's attached to your business) can be worth the premium. Often, people will scout out domain names which are still accessible, 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 have your own blog (advertisement + affiliate income). This is the way many bloggers make money! Again, it is not 100% passive but once set up properly and then scaled, can be surprisingly lucrative.Buy that a laundromat/car wash.Laundromats and car washes are infamous for being money flow machines, see this here but until you buy one make sure you complete your due diligence.