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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 make out of a solution or an investment in which you dont need to do any more work once you set this up. That means consistent cash flow every month whether youre working or not.

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

Im going to share my seven favorite passive income sources, income flows I use to make money every month. Now Im not going to sugar coat this, some of them 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 most money on as we proceed through the listing so make sure you stick around to grab those last couple of passive income strategies. .

Our first side holiday idea is with bargain sites like Swagbucks and TopCashBack. Now these are actually two different types of passive income thoughts because theyre different types of sites.

Swagbucks is a get-paid-to site so 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 that my sources are ordinarily 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 your 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 the money works out to just under $2 an hour so this isnt something thats going to make you rich. Youd need to work 2,500 hours to make $5,000 so thats approximately three and a half months, non-stop. The thing view publisher site with Swagbucks however is you can do it when youre doing something else I flip through surveys and other things while 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 money.

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

All these are everything from Nike to Home Depot and you get from 3% to 25% cash back on anything you purchase. Youre still shopping directly on the retailers site so that you get the rest of the discounts and deals they provide, you just get an extra bonus for going via the TopCashBack web site . .

TopCashBack is somewhat better with the average cash back around 6 percent of your purchase so in the event that you spend click here to read $1,000 online youre going to get $60 back. Again, not something thats going to make you wealthy as you need to buy stuff to find the cash back but its 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 because it sounds like youre just writing random notes on a site. In reality, owning your own piece of digital property is large money.

I started my own websites in December 2014 and broke $5,000 a month just two 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 a month didnt happen overnight but just 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'll continue to send visitors even when I take a little time off. .