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But if marketed correctly (through blogging hubs in your niche, for instance ), you might have residual earnings that last a very long time.Generally, e-books can sell very well because they're priced low. If your customer can afford to get a functioning notebook, tabletcomputer, or smartphone on which to browse the e-book, they can afford to buy a cheap e-book without much financial difficulty.

However, 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 subject, you can put together an online class to educate others. For example, if you have experience in real estate investing, you can create an online course 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's my easy 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.

Some of the best travel charge cards offer 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 (for free airfare).For individuals 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 it'll be taxed like interest income, which is passive income.Advertise on your blog.If you run a site and get decent traffic, you can incorporate ads to your website. These can usually be on the sidebar, and perhaps at the bottom of your posts.

If you've got a lot of traffic, then this can add up to some decent chunk of change.If you need to begin a blog, here's my simple ten-minute guide to starting a blog.Rent out additional space in your house.If you get a spare bedroom, you can find a roommate or set the space 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 is your very first time, use this link to get $40 in travel credit)Rent out things you already have.Given the growth in the sharing economy, your own junk can begin to cover itself.

If your furniture is more modern but you cant bear to eliminate it 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 hit your account as monthly payments. There's some risk of default, however, the threat can be minimized with sufficient diversification.Become a personal lender.As a private 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 agreed 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 could sell, you can post your design on CafePress Shop or Redbubble, where customers can purchase many 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 could choose, sometimes owning a certain domain (particularly if it's attached to your business) can be well worth the premium. Often, individuals will scout out domain names that are still available, buy themand 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 site (advertisement + affiliate income). That is the way many bloggers earn money! Again, it is not 100% passive but look at this website once set up correctly and then scaled, can be surprisingly lucrative.Buy a laundromat/car wash.Laundromats and car washes are infamous for being money flow machines, but before you buy one make sure that you complete your due diligence.