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Start home or pet sitting. This one is a sort of hybrid passive/active income source, but when 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 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 provide value to your audiences, ad placements and sponsorship opportunities can help you earn a substantial passive income.

License your photos. If you've got a natural eye for photography, consider selling your photographs 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 goods. Create fun and trendy images for e-commerce sites like Zazzle or even CafePress to place on all sorts of merchandise from t-shirts to mugs. Production is taken care of and youll earn a commission on the goods sold.

Create templates. If you fancy yourself an HTML wiz, designing and offering website templates for bloggers or e-commerce websites 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 documents 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 publisher to release their job. Should you market 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 founders looking for high-quality sound.

Sell digital art files. To reduce overhead costs and minimize supply chain logistics, design a piece of artwork or photography and offer a digital download for a lesser cost. Many men and women 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 great deal of knowledge about digital 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 program. Similar to e-courses, you will find endless options for movie course topics. Video as a medium offers a personal connection and a different way to learn, making it an equally viable option.

Sell a Going Here lesson plan. If 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 field or possess in-depth knowledge of how something works or how to fix something, you can compose a manual for it.

Sign up for cash back credit cards. Many credit cards offer some sort 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 car. All you need to do is drive aroundwhich youre probably doing anyway!

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

Rent a room in your house. If you presently have an extra space in your house, rent it out. You can make additional money with only some basic hospitality.

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

Rent your own stuff. Do you have 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 earn some money and other people will be able to use your tools for a fraction of the price 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 everything worthwhile. The money you earn from passive income will undoubtedly have you well on your way to achieving your financial objectives site link and that much closer to true financial freedom.