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You can work your ass off to make 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 from a solution or an investment where you dont have to do any more work once you set this up. That means consistent cash flow every month if youre working or not.

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Thats the only true 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 share my seven favorite passive income sources, income streams I use to make money every month. Now Im not going to sugar coat this, some of these are going to take work but will mean thousands per month you can count on.

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

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Our first facet holiday idea is with deal 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 website so that you get paid to do things such as take surveys, play video games, watch videos and test out free product samples. Doing all them, you earn points that are usually 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 the time. Swagbucks consumers have redeemed over $344 million in benefits for gift cards and Amazon rewards.

Now Ive been using Swagbucks for a little while and have found the money More Info works out to just under $2 an hour so this isnt something thats going to make you rich. Youd have to operate 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 so I flip through polls and other stuff while Im cooking dinner or flipping channels. .

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

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TopCashBack is an online shopping cash back website where you get a percentage discount on anything you buy online. Everything you do is start at 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 also get from read the full info here 3% to 25% cash back on anything you buy. Youre still shopping directly on the retailers website so that you receive the rest of the discounts and bargains they offer, you just get an extra bonus for going through the TopCashBack web site first. .

TopCashBack is a little better with the average cash back around 6% of your purchase so in the event that you spend $1,000 online youre going for $60 back. Again, not something thats going to make you wealthy because 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 idea is blogging. Im not a big fan of the term blogger because it sounds just like youre just writing random notes on a website. In fact, owning your own piece of electronic property is big money.

I began my own sites in December 2014 and broke $5,000 per month just two decades later. I averaged $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 property development, it build an advantage that now generates constant cash flow whether I work or not. Homepage I receive over 30,000 visitors a month from Google search rankings, rankings that'll continue to send traffic even if I take a little time away. .

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