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Start home or pet sitting. This one is a sort 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 someplace else Watch someones house and pets while theyre on vacation for a little additional cash.

Start a YouTube channel. Even though the YouTube area is competitive, theres little overhead cost to get started. If youre passionate about your chosen niche and supply value to your viewers, ad placements and sponsorship opportunities can help you earn a sizeable passive income.

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

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

Create templates. If you fancy yourself an HTML wiz, designing and offering website templates for bloggers or e-commerce sites could 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 have to await the attention of a publisher to release their work. Should you advertise your book well (think social media), 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 assist companies or movie founders looking for high-quality audio.

Sell digital art files. To reduce overhead costs and minimize supply chain logistics, design a piece of art or photography and extend a digital download for a lesser price. Many people 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 great deal of knowledge about digital marketing Produce an eCourse! Are you an expert in the field of bird watching Create an eCourse! Whatever you love, theres an audience out there.

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 make a passive income simply by selling your lesson plans online to additional 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 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 some sort of money back benefits, but finding one that offers the most rewards for your lifestyle is the secret to maximizing your return.

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Advertise on your car. Some companies will pay money for ad space on your car. All you have to do is push aroundwhich youre probably doing anyway!

Engage in research studies. Get paid to allow researchers monitor anything out of your 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 home. If you already have an extra space in your house, rent it out. You can make additional money with only some simple hospitality.

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

Rent your own stuff. read the article Do you have random equipment filling your garage that you seldom use Rent it all out! Specialized equipment for lawn maintenance or home improvement jobs is often a one-time use for most people. Youll earn some money and other folks will be able to use your resources for 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 have you well on your way to achieving your financial objectives and that much closer to true financial freedom.