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Start house or pet sitting. This one is a kind 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 someplace else Watch someones house and pets while theyre on vacation for a little extra cash.

Start a YouTube channel. Although the YouTube space 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 substantial passive income.

License your photos. If you have a natural eye for photography, consider selling your photographs to stock photography websites. Once approved, youll earn royalties every time a client downloads one of your own 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 sorts of merchandise from t-shirts to mugs. Production is taken good care of and youll earn a commission on the goods offered.

Create website templates. If you fancy yourself an HTML wiz, designing and offering site templates for bloggers or e-commerce sites might be a fantastic 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 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 have to wait for the attention of a publisher to release their job. If you market your book well (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 sound.

Sell digital artwork files. To lower overhead expenses 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 art 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 Create 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. Very similar to e-courses, there are endless options for movie course about his subjects. 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 educators. Its something youre doing , so why not talk about the knowledge

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Create an online guide. If youre an expert in your area or possess 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 cash 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 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 the 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 excess room in your house, rent it out. You can earn additional money with just some basic hospitality.

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

Rent your stuff. Do you have random equipment filling your garage that you rarely use Rent it all out! Specialized equipment for lawn maintenance or home improvement projects is often a one-time usage 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 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 everything worthwhile. The money you earn from passive income will undoubtedly have you well on your way to achieving your financial objectives and much closer to true financial freedom.

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