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

Start a YouTube channel. Even though the YouTube area is aggressive, theres small overhead cost to begin. In case youre passionate about your chosen niche and supply value to your viewers, ad placements and sponsorship opportunities can help you earn a substantial passive income.

License your photos. If you have a natural eye for photography, consider selling your photos to stock photography websites. Once approved, youll earn royalties every time a client downloads one of your own photos.

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Design t-shirts or other products. Create fun and trendy images for e-commerce sites like Zazzle or CafePress to place on all kinds of products from t-shirts to mugs. Production is taken care of and youll earn a commission on the goods offered.

Create website templates. If you fancy yourself an HTML wiz, designing and offering site templates for bloggers or e-commerce sites 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 like icons or templates of all kinds.

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Publish an ebook. Do you have a story youre itching to tell Writers no longer have to await the attention of a writer to release their work. Should you advertise your book nicely (think social websites ), self-publishing an ebook will earn you plenty of residual sales.

License music. For the musically inclined, licensing music, especially instrumental tracks, can generate a decent passive income and help companies or movie founders looking for high quality audio.

Sell digital artwork files. To lower overhead expenses and minimize supply chain logistics, design a piece visit this site of art or photography and extend a digital download for a lesser cost. Many people are looking to furnish their homes 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 Create an eCourse! Are you an expert in the subject of bird watching Produce an eCourse! Anything you love, theres an audience out there.

Record a video course. Very similar to e-courses, there are endless options for video course topics. Video as a medium delivers a personal connection and also 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 educators. Its something youre doing already, so why not share the knowledge

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

Sign up for cash back credit cards. Many credit cards offer you some sort of money back benefits, but finding one which 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!

Participate in research studies. Get paid to allow researchers track anything out of your shopping habits to you sleeping patterns. In case youre comfortable sharing this information, it can be a great source of passive income that needs little to no effort.

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

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

Rent your own stuff. Do you have random equipment filling your garage that you rarely use Rent it all 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 have the ability to use your tools to get a fraction of the price of buying them outright. .

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Launching a side business or figuring out how to invest your money when youre strapped for time isnt easy, but the payoff makes everything worthwhile. The money you earn from passive income will undoubtedly have you well on your way to achieving your financial goals and much closer to true financial freedom.

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