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Start home 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 home and pets while theyre on vacation for a little additional cash.

Begin a YouTube channel. Even though the YouTube area is aggressive, theres little 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 sizeable passive income.

License your own photos. If you have a natural eye for photography, then consider selling your photographs to stock photography websites. 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 place 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 could be a fantastic 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 files like icons or templates of all kinds.

Publish an ebook. Do you have a story youre itching to tell Writers no longer need to await the attention of a publisher to release their job. Should you advertise your book nicely (think social websites ), 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 help companies or video founders looking for high-quality sound.

Sell digital artwork 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 price. Many men and women are looking to furnish their homes on a budget and could happily print the art themselves.

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

Record a video program. Very 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 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 field or have 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 sort 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 why not try here your vehicle. Some companies will pay money for advertisement space on your car. All you need to do is push aroundwhich youre probably doing anyway!

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

Rent a room in your house. If you already have an excess space in your house, rent it out. You can earn additional money with just some basic hospitality.

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

Rent your 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 earn some money and other people are going to be able to use your tools to get 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 website link worthwhile. The money you earn from passive income will undoubtedly get you well on your way to achieving your financial goals and that much closer to true financial freedom.