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Start house or pet sitting. This one is a sort 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 somewhere else Watch someones home 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. In case youre passionate about your chosen niche and supply value to your audiences, ad placements and sponsorship opportunities can help you earn a sizeable passive income.

License your photos. If you have a natural eye for photography, then consider selling your photographs to stock photography sites. Once approved, youll earn royalties every time a customer downloads one of your photos.

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Design t-shirts or other goods. Create fun and trendy images for e-commerce sites like Zazzle or even CafePress to put on all sorts of merchandise from t-shirts to mugs. Production is taken care of and youll earn a commission on the goods offered.

Create templates. If you fancy yourself an HTML wiz, designing and offering site templates for bloggers or e-commerce websites might 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 writer to release their work. If you market your book nicely (think social websites ), self-publishing an ebook will earn you plenty of residual earnings.

License music. For the musically inclined, licensing music, especially instrumental tracks, can generate a decent passive income and help 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 could 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 Create an eCourse! Are you an expert in the field of bird watching Create an eCourse! Anything you love, theres an audience out there.

Record a video course. Very 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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Make 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 you 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 your vehicle. Some companies will pay money for ad space on your car. All you have to do is drive aroundwhich youre probably doing anyway!

Engage in research studies. Get paid to allow researchers monitor anything from your shopping habits to you sleeping patterns. If youre comfortable sharing this information, it can be a great source of passive income that requires little to no effort.

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

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Shop with money back sites. Shopping through websites which provide cash back benefits can be as effective as couponing, if not more! Just shop as you normally would and earn money on your purchases.

Rent your stuff. Do you have random equipment filling your garage that you seldom use Rent it all out! Specialized equipment for lawn try this web-site maintenance or home improvement projects is often a one-time use for most people. Youll earn some money and other folks will be able to use your resources to get 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 that 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.