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Start home 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 someplace else Watch someones home and pets while theyre on vacation for a little extra money.

Begin a YouTube channel. Even though the YouTube space is aggressive, theres little overhead cost to begin. If youre passionate about your chosen niche and supply value to your viewers, advertisement placements and sponsorship opportunities can help you earn a sizeable passive income.

License your own photos. If you've got a natural eye for photography, then consider selling your photos to stock photography sites. Once approved, youll earn royalties every 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 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 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 documents like icons or templates of all kinds.

Publish an ebook. Have you got a story youre itching to inform Writers no longer have to wait for the attention of a writer to release their work. Should you market your book nicely (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 movie creators looking for high quality audio.

Sell digital artwork files. To lower overhead costs and minimize supply chain logistics, design a piece of artwork or photography and offer a digital download for a lesser cost. Many important source 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 lot 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 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 other teachers. Its something youre doing , so why not share the knowledge

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Create an great post to read online guide. If youre an expert in your field or have in-depth knowledge of how something works or how to fix something, you can compose a guide for this.

Sign up for cash back credit cards. Many credit cards offer you some type of cash back benefits, but finding one that delivers 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 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 home. If you already have an extra room in your home, 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 benefits can be as powerful as couponing, if not more! Simply shop as you normally would and earn rebates 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 projects is often a one-time use for the majority of people. Youll earn some money and other people are going to be able to use your resources for a fraction of the price 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 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.