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But 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 well because they're priced low. If your client can afford to have a functioning laptop, tablet, or smartphone on that to read the e-book, they can afford to buy a cheap e-book without much financial trouble.

But, online classes even typically cost upwards of $100, while e-books tend to be under $10. Make an online course.If you have specialized knowledge in a certain topic, you can put together an online course to teach others. For instance, if you have experience in real estate investing, you can produce an online class Real Estate Investing 101.

Fundamentally, when they click through to 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.

A number 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 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 pursue credit card bonuses, you can use the very same ideas towards bank promotions and bonus offers without the credit hit.

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The income will generally be recorded on a Form 1099-INT so that it'll be taxed like interest income, which is passive income.Advertise on your blog.If you run a site 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 posts.

In case you have a lot of traffic, then 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, you can find a roommate or set the distance on AirBnB for travellers.

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This really is a super painless way to earn $500 to $1,000 per month without a lot of effort you may even be able to pay your mortgage payment with this excess income! (if it is your first time, use this link for $40 in traveling credit)Rent out things you already 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 get rid of it 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 hit on your account as monthly payments. There is some chance of default, but the threat can be minimized with sufficient diversification.Become a private lender.As a personal 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 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 figure out what sorts of graphics would sell, you over here can post your design on CafePress Shop or Redbubble, where customers 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. When there are different variations you can choose, occasionally owning a certain domain (particularly if it's connected to your business) can be worth the premium. Often, individuals will scout out domain names that are still accessible, purchase them, and then sit on them in order to sell 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). That is the way many bloggers earn money! Again, it's not 100% passive but once setup properly and then climbed, can be surprisingly lucrative.Buy that a laundromat/car wash.Laundromats and car washes are infamous for being cash flow machines, but before you buy one make sure you complete your due diligence.

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