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But if marketed correctly (through blogging hubs in your niche, for instance ), you might have residual sales that last a very long time.Generally, e-books can sell well because they are priced low. If your client can afford to get a functioning laptop, tablet, or smartphone on which to browse the e-book, they can afford to purchase a cheap e-book without much financial trouble.

But, online courses even typically cost upwards of $100, while e-books tend to be under $10. Create an online course.If you have specialized knowledge in a certain subject, you can assemble an online class to educate others. By way of example, if you have experience in real estate investing, you can create an online class Real Estate Investing 101.

Fundamentally, when they click through the website using your unique link, you will be given a commission on their purchase. This 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 together.

Some of the very best travel credit cards provide 100,000 points to 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 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 chase credit card bonuses, you can use the same ideas towards bank promotions and bonus offers without the 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 site and get decent traffic, so you can incorporate ads to your site. These can normally be on the sidebar, and possibly at the bottom of your articles.

In case 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 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 really is a super painless way to earn $500 to $1,000 a month without much effort you may even have the ability to pay your mortgage payment with this extra income! (if it's your very first time, use this link to get $40 in traveling credit)Rent out items you already have.Given the expansion in the sharing economy, your own junk can begin to pay for itself.

If your furniture is more modern but you still cant bear their website to get rid of it a home stager will probably be interested.Become a peer to peer peer lender.Websites like LendingClub streamline the lending process between peers/friends. Returns are promoted as 5-7%+ and hit on your account as monthly payments. There is some risk of default, but the risk can be minimized with adequate diversification.Become a private lender.As a personal 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's mutually consented upon.Design products to market on CafePress or even Redbubble.If you're creative and can tap into the latest trends to figure out what sorts of graphics could 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 is to approach the owner to discuss a sale. While there are different variations you can choose, sometimes owning a certain domain (especially if it is connected to a business) can be well worth the premium. Often, people will scout out domain names which are still available, 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 also have your own blog (advertisement + affiliate income). That is how many bloggers make money! Again, it's 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 before you buy one make sure that you complete your due diligence.