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

Start a YouTube channel. Even though the YouTube area is competitive, theres little overhead cost to get started. If youre passionate about your chosen niche and supply value to your viewers, ad placements and sponsorship opportunities can help you earn a substantial passive income.

License your photos. In case you have a natural eye for photography, consider selling your photos to stock photography sites. Once approved, youll earn royalties each time a client downloads one of your photos.

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

Create 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 documents. Even amateur graphic designers can earn a passive income by designing and selling graphic design files like icons or templates of all kinds.

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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 work. If 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 video founders looking for high-quality sound.

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

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Create an eCourse. An eCourse can be about anything youre passionate about. Have a lot of knowledge about digital 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, there are endless options for video course topics. Video as a medium delivers 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 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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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 compose a guide for this.

Sign up for cash back credit cards. Many credit cards offer you some type of money back benefits, but finding one which delivers the most rewards for your lifestyle is the key to maximizing your return.

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Advertise on your vehicle. Some companies will pay money for advertisement space on your vehicle. All you need to do is drive aroundwhich youre probably doing anyway!

Engage 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 terrific source of passive income that requires little to no effort.

Rent a room in your home. If you presently have an extra room in your house, rent it out. You can earn additional money with only some basic 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! Just shop as you normally would and earn rebates on Get More Info 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 dig this home improvement jobs is often a one-time usage for most people. Youll make some money and other people will have the ability to use your resources to get a fraction of the cost of buying them . .

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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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