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

Start a YouTube channel. Although the YouTube space is aggressive, theres small overhead cost to get started. If youre passionate about your chosen niche and provide value to your viewers, ad placements and sponsorship opportunities can help you earn a sizeable passive income.

License your own photos. In case you've got a natural eye for photography, consider selling your photographs to stock photography sites. Once approved, youll earn royalties every time a client downloads one of your 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 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 templates. If you fancy yourself an HTML wiz, designing and offering site templates for bloggers or e-commerce sites might be a great 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 files such as 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 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 help companies or video founders looking for high quality audio.

Sell digital artwork files. To lower overhead expenses and minimize supply chain logistics, design a piece of artwork or photography and offer a digital download for a lesser price. Many people are looking to furnish their houses on a budget and could 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 subject of bird watching Create an eCourse! Whatever 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 offers 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 create a passive income simply by selling your lesson plans online to additional educators. Its something youre doing already, so why not share the knowledge

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Make an 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 write a guide for it.

Sign up for cash back credit cards. Many credit cards offer you some type of money back benefits, but finding one that offers 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 car. All you have to do is push aroundwhich web link youre probably doing anyway!

Participate in research studies. Get paid to let researchers monitor anything out of the shopping habits to you sleeping patterns. If 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 already have an extra space in your house, rent it out. You can make extra money with just some simple hospitality.

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Shop with money back sites. Shopping through sites which provide cash back benefits 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. 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 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 outright. .

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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 get you well on your way to achieving your financial goals and that much closer to true financial freedom.

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