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You can work your ass off to earn money but youll never get anywhere until you start making passive income. I make money on seven different income sources but some of them require a lot of work.

Passive income is money you make from a solution or an investment where you dont need 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 of worrying about money and the only way you will ever reach financial independence.

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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, a few of them are going to take work but will mean thousands a 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 work through to the ones youll make the most money on as we go through the list so be sure you stick around to grab those last couple of passive income strategies. .

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

Swagbucks is a get-paid-to site so that you get paid to do things such as take polls, play video games, watch movies and try out free product samples. Doing each of these, you explanation earn points which 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 the time. Swagbucks users have redeemed over $344 million in benefits for gift cards and Amazon rewards.

Now Ive been using Swagbucks for a 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 need 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 that you can take action when youre doing something else I flip through polls and other things while Im cooking dinner or even 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 cash back website where you receive a percentage discount on anything you buy online. Everything you do is start at the TopCashBack site then click through one of those 4,000 retailers with a money back program.

These are everything from Nike to Home Depot and you get from 3 percent to 25% cash back on anything you buy. Youre still shopping right on the merchants site so that you get click to read more the rest of the discounts and deals they offer, you just get an extra bonus for going through the TopCashBack web site first. .

TopCashBack is somewhat better with the ordinary cash back around 6% of your purchase so if you spend $1,000 online youre going for $60 back. Again, not something thats going to make you wealthy because you need to buy stuff to get 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 like youre only writing random notes on a website. In fact, owning your own piece of digital property is big money.

I began my own websites in December 2014 and broke $5,000 a month just a couple of decades after. I dropped $5,500 through 2017 and thats not including side holiday work I did freelancing.

Blogging is still going to take work starting out. That route to $5,000 a month didnt happen overnight but only like property development, it build up an asset that now generates constant cash flow if I work or not. I receive 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. .

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