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Start house 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.

Begin a YouTube channel. Even though the YouTube space is aggressive, theres little overhead cost to begin. In case youre passionate about your chosen niche and supply value to your audiences, advertisement placements and sponsorship opportunities can help you earn a substantial passive income.

License your own photos. If you've got a natural eye for photography, then consider selling your photographs to stock photography websites. Once approved, youll earn royalties each time a client downloads one of your photos.

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

Create website 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 files. 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 inform Writers no longer need to wait for the attention of a publisher to release their job. Should you market your book nicely (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 help companies or movie creators looking for high quality sound.

Sell digital art files. To reduce overhead expenses and minimize supply chain logistics, design a piece of artwork or photography and extend a digital download for a lesser cost. Many people are looking to furnish their homes on a budget and could 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 Create an eCourse! Whatever you love, theres an audience out there.

Record a video program. Similar to e-courses, there are endless options for video course topics. 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 additional educators. Its something youre doing already, so why not talk about 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 correct something, you can write a guide for this.

Sign up for cash back credit cards. Many credit cards offer you some type of cash 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 vehicle. All you need to do is drive aroundwhich youre probably doing anyway!

Participate in research studies. Get paid go to these guys to let researchers monitor anything out of your shopping habits to you sleeping patterns. If 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 home. If you presently have an excess room in your house, rent it out. You can make 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 effective as couponing, if not more! Simply shop as you normally would and earn rebates on your purchases.

Rent your stuff. Do you have 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 usage for the majority of people. Youll earn some money and other folks are going to have the ability to use your tools for a fraction of the cost of buying them . .

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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 that much closer to true financial freedom.

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