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Start home or pet sitting. This one is a kind of hybrid vehicle passive/active income source, but if youre going to be hanging out at home doing nothing, why not get paid to do it someplace else Watch someones house and pets while theyre on vacation for a little additional cash.

Start a YouTube channel. Although the YouTube area is competitive, theres little overhead cost to get started. If youre passionate about your chosen niche and provide value to your viewers, ad placements and sponsorship opportunities can help you earn a substantial passive income.

License your own photos. In case you have a natural eye for photography, then consider selling your photographs to stock photography sites. Once approved, youll earn royalties each time a customer downloads one of your own photos.

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Design t-shirts or other products. Create fun and trendy graphics for e-commerce websites like Zazzle or CafePress to put on all kinds of products from t-shirts to mugs. Production is taken care of and youll earn a commission on the products sold.

Create templates. If you fancy yourself an HTML wiz, designing and offering website templates for bloggers or e-commerce websites might be a great source of passive income for you.

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Sell graphic design documents. Even amateur graphic designers can earn a passive income by designing and selling graphic design documents such as icons or templates of all kinds.

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Publish an ebook. Have you got a story youre itching to inform Writers no longer have to await the attention of a publisher to release their work. If you advertise your book well (think social media), self-publishing an ebook will earn you plenty of residual earnings.

License music. For the musically inclined, licensing music, especially instrumental tracks, can generate a decent passive income and assist companies or video founders looking for high-quality sound.

Sell digital art files. To lower overhead expenses and minimize supply chain logistics, design a piece of art or photography and offer a digital download for a lesser cost. Many people are looking to furnish their houses on a budget and would happily print the artwork themselves.

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Create an eCourse. An eCourse can be about anything youre passionate about. Have a great deal of knowledge about electronic marketing Produce an eCourse! Are you an expert in the subject of bird watching Produce an eCourse! Whatever you love, theres an audience out there.

Record a video program. Very similar to e-courses, you will find endless options for movie course topics. Video as a medium offers a personal connection and a different way to learn, making it an equally viable option.

Sell a lesson plan. If youre a teacher you can make a passive income simply by selling your lesson plans online to other teachers. Its something youre doing already, so why not share the knowledge

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Create an online guide. If youre an expert in your area or have in-depth knowledge of how something works or how to fix something, you can compose a manual for this.

Sign up for cash back credit cards. read this Many credit cards offer some type of money back benefits, but finding one that offers the most rewards for your lifestyle is the secret to maximizing your return.

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Advertise on your car. Some companies will pay money for advertisement space on your car. All you need to do is drive aroundwhich youre probably doing anyway!

Engage in research studies. Get paid to allow researchers monitor anything from your shopping habits to you sleeping patterns. If youre comfortable sharing this information, it can be a click to read more great source of passive income which requires little to no effort.

Rent a room in your home. If you already have an excess room in your home, rent it out. You can earn extra money with only some simple hospitality.

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Shop with cash back sites. Shopping through sites which offer cash back rewards can be as powerful as couponing, if not more! Simply shop as you normally would and earn money on your purchases.

Rent your stuff. Have you got random equipment filling your garage that you seldom use Rent it out! Specialized equipment for lawn maintenance or home improvement projects is often a one-time use for most people. Youll make some money and other people are going to be able to use your resources to get a fraction of the price of buying them . .

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Launching a negative business or figuring out how to invest your money when youre strapped for time isnt easy, but the payoff makes everything worthwhile. The why not check here money that you earn from passive income will undoubtedly get you well on your way to achieving your financial objectives and much closer to true financial freedom.

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