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Start home or pet sitting. This one is a sort 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 money.

Start a YouTube channel. Even though the YouTube space is aggressive, theres small overhead cost to get started. In case youre passionate about your chosen niche and supply value to your audiences, advertisement 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 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 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 care of and youll earn a commission on the products 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 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 such as icons or templates of all kinds.

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Publish an ebook. Have you got a story youre itching to tell Writers no longer need to wait for the attention of a publisher to release their work. Should you advertise your book nicely (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 assist companies or video creators looking for high-quality audio.

Sell digital artwork files. To reduce overhead costs and minimize supply chain logistics, design a piece of art or photography and offer a digital download for a lesser cost. Many people are looking to furnish their houses on a budget and could 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 Create an eCourse! Are you an expert in the field of bird watching Create an eCourse! Anything you love, theres an audience on the market.

Record a video course. Similar to e-courses, you will find endless options for movie course topics. this link 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 he said youre a teacher you can create a passive income by simply 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 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 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 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 from your shopping habits to you sleeping patterns. If youre comfortable sharing this information, it can be a terrific source of passive income which needs little to no effort.

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

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

Rent your own stuff. Have you got random equipment filling your garage that you seldom use Rent it out! Specialized equipment for lawn maintenance or home improvement jobs is often a one-time usage for the majority of people. Youll make some money and other folks are going to be able to use your tools 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 that you earn from passive income will undoubtedly have you well on your way to achieving your financial objectives and that much closer to true financial freedom.

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