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Start home or pet sitting. This one is a kind of hybrid 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 home and pets while theyre on vacation for a little extra money.

Begin a YouTube channel. Even though the YouTube space is competitive, theres small overhead cost to begin. If youre passionate about your chosen niche and provide value to your audiences, ad placements and sponsorship opportunities can help you earn a sizeable passive income.

License your photos. In case you've got a natural eye for photography, then consider selling your photos to stock photography websites. 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 websites like Zazzle or CafePress to put on all sorts of products from t-shirts to mugs. Production is taken 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 websites could be a great 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 such as icons or templates of all kinds.

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 advertise 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 video creators 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 electronic marketing Produce an eCourse! Are you an expert in the field of bird watching Produce an eCourse! Whatever you love, theres an audience on the market.

Record a video program. Similar to e-courses, there are endless options for movie 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 teachers. Its something youre doing , so why not share 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 fix something, you can write a manual for it.

Sign up for cash back credit cards. Many credit cards offer some sort 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 vehicle. Some companies will pay money for a knockout post ad space on your vehicle. All you need to do is drive aroundwhich youre probably doing anyway!

Participate in research studies. Get paid to allow researchers track anything out of the 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 presently have an extra space in your house, rent it out. You can earn extra 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 money on your purchases.

Rent your stuff. Have you got random equipment filling your garage that you seldom use Rent it all out! Specialized equipment for lawn maintenance or home improvement projects is often a one-time usage for most people. Youll earn some money and other folks 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 you earn from passive income Read More Here will undoubtedly have you well on your way to achieving your financial objectives and that much closer to true financial freedom.