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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 lot of work.

Passive income is money you make out of a product or an investment where you dont need to do any more work after you set this up. That means consistent cash flow every month whether 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 be free of 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 may mean thousands per month you can count on.

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Im going to start 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 maximum money on as we proceed through the list so make sure to stick around to catch those last few passive income strategies. .

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

Swagbucks is a get-paid-to website so you get paid to do things such as take surveys, play video games, watch movies and basics test out free product samples. Doing each of them, you earn points that 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 your 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 that the money works out to just under $2 an hour this isnt something thats going to make you rich. 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 though is you can do it when youre doing something else so I flip through surveys and other stuff whilst Im cooking dinner or even flipping channels. .

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

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

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

TopCashBack is somewhat better with the average 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 idea is blogging. Im not a huge fan of the term blogger as it sounds just like youre only writing random notes on a website. In fact, owning your own piece of digital real estate is big money.

I started my own sites in December 2014 and broke $5,000 per month just a couple of decades later. I averaged $5,500 through 2017 and thats not including side holiday work I did freelancing.

Blogging is still going to take work starting out. That path to $5,000 a month didnt happen overnight but only like real estate development, it build an advantage click here to find out more 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 if I take a little time away. .

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