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Start house or pet sitting. This one is a kind of hybrid 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. Even though the YouTube space is competitive, theres small overhead cost to begin. If youre passionate about your chosen niche and provide value to your viewers, ad placements and sponsorship opportunities can help you earn a sizeable passive income.

License your photos. If you've got 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 photos.

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

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

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

Publish an ebook. Do you have a story youre itching to inform Writers no longer have to await the attention of a writer to release their work. Should you market your book well (think social media), 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 assist companies or movie creators looking for high quality sound.

Sell digital art files. To lower overhead expenses and minimize supply chain logistics, design a piece of artwork or photography and offer 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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Make an eCourse. An eCourse can be about anything youre passionate about. Have a lot of knowledge about digital marketing Produce 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 this post video program. Very similar to e-courses, there are endless options for movie course subjects. Video as a medium offers 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 create a passive income simply by selling your lesson plans online to other educators. Its something youre doing , so why not talk about the knowledge

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

Sign up for cash back credit Our site cards. Many credit cards offer you some type of money back benefits, but finding one that delivers the most rewards for your lifestyle is the key to maximizing your return.

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Advertise on your car. Some companies will pay money for ad space on your car. All you have to do is push aroundwhich youre probably doing anyway!

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

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

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

Rent your stuff. Have you got random equipment filling your garage that you seldom use Rent it all out! Specialized equipment for lawn maintenance or home improvement jobs is see here now often a one-time usage for the majority of 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 negative business or figuring out how to invest your money when youre strapped for time isnt easy, but the payoff makes it all worthwhile. The money 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.