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You can work your ass off to make money but youll never get anywhere until you start making passive income. I make money on seven different income sources but some of them take a good deal of work.

Passive income is money you make out of a product or an investment in which you dont need to do any more work once you put it up. That means consistent cash flow each month whether youre working or not.

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Thats the only real way to financial freedom. Passive income is the only way that you will ever be free of worrying about money and the only way that you will ever achieve financial independence.

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Im going to discuss my seven favorite passive income sources, income streams I use to make money each month. Now Im not going to sugar coat this, a few of these are going to take work but may mean thousands a month you can count on.

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Im going to begin with the easy passive income ideas, the ones which you can begin making money on instantly and will work through to the ones youll make the maximum money on as we go through the listing so make sure you stick around to catch those last few passive income strategies. .

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Our first facet holiday idea is with bargain websites like Swagbucks and TopCashBack. Now these are actually two different kinds of passive income thoughts since theyre different kinds of websites.

Swagbucks is a get-paid-to site so that you get paid to do things like take polls, play video games, watch movies and test out free product samples. Doing all these, you earn points which are usually convertible to his response one hundred points for a dollar.

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Now this isnt something thats going to make you rich but you can earn some legit money for less than an hour of the time. Swagbucks consumers have redeemed over $344 million in rewards for gift cards and Amazon rewards.

Now Ive been using Swagbucks for a while and have found that the money works out to just under $2 an hour this isnt something thats going to make you wealthy. Youd need to operate 2,500 hours to make $5,000 so thats approximately three and a half months, non-stop. The thing with Swagbucks however is that you can do it when youre doing something else so I flip through surveys and other stuff whilst Im cooking dinner or even flipping channels. .

Swagbucks is offering a $5 cash bonus just for signing up through their special offer so sign up here to snag your bonus cash.

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TopCashBack is an online shopping cash back website where you receive a percentage discount on anything you buy online. What you do is start at the TopCashBack website then click through one of those 4,000 retailers with a money back program.

These are everything from Nike to Home Depot and you also get from 3 percent to 25% cash back on anything you purchase. Youre still shopping right on the merchants site so you receive all the other discounts and bargains they offer, you simply get an extra bonus for going through the TopCashBack web site first. .

TopCashBack is somewhat better with the ordinary cash back around 6% of your purchase so if you spend $1,000 online youre going for $60 back. Again, not something thats going to make you rich because you need to buy things to get the cash back but its completely free money on the things you were going to buy anyway. .

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Our next passive income idea is blogging. Im not a big fan of the term blogger because it sounds just like youre only writing random notes on a site. In fact, owning your own piece of digital property is large money.

I began my own websites in December 2014 and broke $5,000 a month just two decades after. I dropped $5,500 through 2017 and thats not including side holiday work I did freelancing.

Blogging is going to require work starting out. That route to $5,000 per month didnt happen overnight but just like property development, it build an asset that now creates constant cash flow whether I work or not. I get over 30,000 visitors top article a month from Google search rankings, rankings that will continue to send visitors even if I take a little time off. .

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