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However, if marketed correctly (via blogging hubs in your niche, for example), you might have residual sales that last a very long time.Generally, e-books can sell very well since they are priced low. If your client can afford to get a functioning notebook, tabletcomputer, or smartphone on which to browse the e-book, they can manage to purchase 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 technical knowledge in a certain subject, you can put together an online course to educate others. For instance, if you have experience in real estate investing, you can create an online class Real Estate Investing 101.

Basically, when they click through the website using your unique link, you will 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 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 charge account with them.

A number of the 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 (for free 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 without the 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 get decent traffic, you can incorporate ads to your website. These can normally be on the sidebar, and perhaps at the bottom of your articles.

In case you have a great deal of traffic, then this can add up to some decent chunk of change.If you need to start a blog, here is my easy 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 travelers.

This is a super painless way to earn $500 to $1,000 a month without a lot of effort you may even have the ability to cover your mortgage payment with this excess income! (if it's your very first time, then use this link to get $40 in travel credit)Rent out things you already have.Given the expansion 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 be interested.Become a peer to peer peer lender.Websites like LendingClub streamline the lending process between peers/friends. Returns are advertised as 5-7%+ and reach your account as monthly payments. There is some risk of default, however, the threat can be minimized with adequate web diversification.Become a personal 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 uses your capital for a short term in exchange for an interest rate that is mutually consented 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 would market, you can post your design on CafePress Shop or Redbubble, where customers can purchase 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's attached to a business) can be worth the premium. Often, individuals will scout out domain names that are still accessible, buy themand 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 also have your own site (advertisement + affiliate income). This is how many bloggers earn 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 cash flow machines, but until you buy one make sure that you complete your due diligence.