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You can work your butt 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 lot of work.

Passive income is money you earn out of a product or an investment where you dont have to do any more work after you set it 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 you will be free from worrying about money and the only way that you will ever reach financial independence.

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Im going to discuss my seven popular passive income resources, income flows I use to create money every 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 start with the simple passive income thoughts, the ones you can begin making money on immediately and will operate through into the ones youll make the most money on as we go through the list so be sure to stick around to grab those last few passive income plans. .

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Our very first facet holiday idea is with deal sites like Swagbucks and TopCashBack. Now these are actually two different types of passive income ideas since theyre different types of websites.

Swagbucks is a get-paid-to website so that you get paid to do things such as take surveys, play video games, watch videos and try out free product samples. Doing each of these, you earn points which are usually convertible to 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 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 about three and a half months, non-stop. The thing with Swagbucks though is you can do it when youre doing something else I flip through polls and other things whilst Im cooking dinner or even flipping channels. .

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

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TopCashBack is an online shopping money back site in which you receive a percentage discount on anything you buy online. What you do is start at the TopCashBack website reference 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 also get from 3% to 25% cash back on anything you purchase. Youre still shopping right on the merchants site so that you receive all the other discounts and deals they offer, you just get an additional bonus for going via the TopCashBack site first. .

TopCashBack is somewhat better with the ordinary money 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 as you need to buy things to find 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 huge fan of the term blogger as it sounds like youre only read here writing random notes on a site. In reality, owning your own piece of electronic property is large money.

I started my own websites in December 2014 and broke $5,000 per month just a couple of years later. I averaged $5,500 through 2017 and thats not including side hustle work go to this site I did freelancing.

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

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