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You can work your butt 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 from a product or an investment where you dont need to do any more work once you set this up. That means consistent cash flow each 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 you will ever achieve financial independence.

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Im going to share my seven favorite passive income sources, 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 will mean thousands per month you can count on.

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Im going to begin with the simple passive income thoughts, the ones which you can begin making money on immediately and will work through to the ones youll create the most money on as we go through the listing so make sure you stick around to catch those last few passive income strategies. .

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

Swagbucks is a get-paid-to site so you get paid to do things like take surveys, play video games, watch videos and try out free product samples. Doing each of these, you earn points that are ordinarily 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 your time. Swagbucks consumers have redeemed over $344 million in benefits for gift cards and Amazon rewards.

Now Ive been using Swagbucks for a while and have found the money works out to just under $2 an hour this isnt something thats going to make you rich. 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 however is you can do it when youre doing something else I flip through polls and other stuff 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 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 cash 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 you get the rest of the discounts and deals they offer, you simply get an extra bonus for going via the TopCashBack web site first. .

TopCashBack is somewhat better with the average money back around 6 percent of your purchase so if you spend $1,000 online youre going to get $60 back. Again, not something thats going to make you wealthy because you need to buy stuff 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 like youre just writing random notes on a site. In reality, owning your own piece of electronic real estate is big money.

I began my own sites in December 2014 and broke $5,000 a 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 going to require work starting out. That path to $5,000 a month didnt happen overnight but only like property development, it build up an advantage that now creates constant cash flow if I work or not. I get over 30,000 visitors a month from Google search rankings, rankings check out here that'll continue to send traffic even when I take a little time off. .

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