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Start house or pet sitting. This one is a kind of hybrid vehicle 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 additional cash.

Start a YouTube channel. Even though the YouTube space is competitive, theres small overhead cost to get started. In case youre passionate about your chosen niche and provide value to your viewers, advertisement placements and sponsorship opportunities can help you earn a sizeable passive income.

License your own photos. In case you have a natural eye for photography, consider selling your photographs to stock photography sites. Once approved, youll earn royalties each 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 kinds of merchandise from t-shirts to mugs. Production is taken good care of and youll earn a commission on the goods sold.

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 documents. 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 inform Writers no longer need to wait for the attention of a writer to release their work. If you advertise 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 video founders looking for high-quality audio.

Sell digital art 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 read the article price. Many men and women 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 lot of knowledge about electronic marketing Create an eCourse! Are you an expert in the subject of bird watching Produce an eCourse! Whatever you love, theres an audience out there.

Record a video course. Similar to e-courses, there are endless options for movie course topics. Video as a medium offers a personal connection and also 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 by simply selling your lesson plans online to other teachers. 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 write a guide for this.

Sign up for cash back credit cards. Many credit cards offer some type of cash back benefits, but finding one which offers the most rewards for your lifestyle is the key to maximizing your return.

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Advertise on YOURURL.com your car. 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 allow 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 needs little to no effort.

Rent a room in your house. If you already have an excess room in your home, rent it out. You can earn extra money with only some basic hospitality.

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Shop with money back sites. Shopping through websites that provide 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 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 the majority of people. Youll make some money and other people will be able to use your tools to get 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 will undoubtedly get you well on your way to achieving your financial objectives and that much closer to true financial freedom.

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