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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 extra money.

Begin a YouTube channel. Although the YouTube area is competitive, theres small overhead cost to get started. If youre passionate about your chosen niche and provide value to your audiences, ad placements and sponsorship opportunities can help you earn a sizeable passive income.

License your photos. In case you have a natural eye for photography, then consider selling your photos 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 goods. Create fun and trendy images for e-commerce websites like Zazzle or even CafePress to place on all kinds of merchandise from t-shirts to mugs. Production is taken good care of and youll earn a commission on the goods offered.

Create templates. If you fancy yourself an HTML wiz, designing and offering website templates for bloggers or e-commerce sites 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. Have you got a story youre itching to tell Writers no longer have to await the attention of a writer to release their job. Should you market your book well (think social media), 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 movie founders looking for high-quality sound.

Sell digital art files. To reduce overhead expenses and minimize supply chain logistics, design a piece of art or photography and offer a digital check my source download for 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 digital marketing Produce an eCourse! Are you an expert in the field of bird watching Create an eCourse! Anything you love, theres an audience out there.

Record a video program. Similar to e-courses, there are endless options for movie course subjects. 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 create 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 have in-depth knowledge of how something works or how to correct something, you can write a guide for it.

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

Engage in research studies. Get paid to let researchers monitor anything out of your shopping habits go to the website to you sleeping patterns. In case youre comfortable sharing this information, it can be a terrific source of passive income that requires little to no effort.

Rent a room in your house. If you presently have an excess room in your house, rent it out. You can make extra money with just some simple hospitality.

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Shop with cash back sites. Shopping through websites which offer cash back rewards can be as powerful as couponing, if not more! Just 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 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 folks will have the ability to use your tools for 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 that 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.