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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 someplace else Watch someones house and pets while theyre on vacation for a little extra cash.

Begin a YouTube channel. Even though the YouTube area is competitive, theres small overhead cost to get started. In case 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 have a natural eye for photography, consider selling your photos to stock photography websites. Once approved, youll earn royalties each time a client downloads one of your own 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 place on all kinds of products from t-shirts to mugs. Production is taken good care of and youll earn a commission on the products sold.

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

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 work. Should you market your book well (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 assist companies or video founders looking for high quality sound.

Sell digital artwork files. To lower overhead expenses and minimize supply chain logistics, design a piece of art or photography and offer a digital download for content 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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Make an eCourse. An eCourse can be about anything youre passionate about. Have a lot of knowledge about electronic marketing Produce an eCourse! Are you an expert in the field of bird watching Create an eCourse! Whatever you love, theres an audience on the market.

Record a video course. Similar to e-courses, you will find endless options for video 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 by simply selling your lesson plans online to additional educators. 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 click site or how to fix something, you can compose a guide for this.

Sign up for cash back credit cards. Many index credit cards offer 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 vehicle. Some companies will pay money for advertisement space on your car. All you have to do is drive aroundwhich youre probably doing anyway!

Engage in research studies. Get paid to let researchers monitor 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 home. If you presently have an extra space in your house, rent it out. You can make extra money with just some basic hospitality.

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Shop with money back sites. Shopping through websites that provide 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 rarely 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 make some money and other people will have the ability to use your resources for a fraction of the cost 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 have you well on your way to achieving your financial objectives and much closer to true financial freedom.