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

Passive income is money you earn out of a solution or an investment where you dont have to do any more work once you put this up. That means consistent cash flow every month if 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 from worrying about money and the only way that you could ever reach financial independence.

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

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Im going to begin with the simple passive income thoughts, the ones which you can start making money on immediately and will work through to the ones youll create the most money on as we proceed through the listing so be sure you stick around to catch those last couple of passive income plans. .

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Our very first side hustle idea is with bargain sites like Swagbucks and TopCashBack. Now these are actually two different kinds of passive income ideas since theyre different kinds of sites.

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

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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 your time. Swagbucks users have redeemed over $344 million in rewards for gift cards and Amazon rewards.

Now Ive been using Swagbucks for a little 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 have to work 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 click I flip through surveys and other things whilst Im cooking dinner or flipping channels. .

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

4 Easy Facts About Passive Income In Iran - Passive Income Ideas Explained


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

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

TopCashBack is somewhat better with the ordinary cash back around 6 percent of your purchase so in the event that you spend $1,000 online youre going to get $60 back. Again, not something thats going to make you wealthy because you have 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 notion 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 reality, owning Web Site your own piece of digital property is large money.

I started my own websites in December 2014 and broke $5,000 per month just a couple of decades later. 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 path to $5,000 per month didnt happen overnight but just like real estate development, it build an asset that now generates constant cash flow whether I work or not. I receive over 30,000 visitors a month from Google search rankings, rankings that will continue to send traffic even if I take a little time off. .

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