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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 some of them take 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 put it 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 you will ever be free from worrying about money and the only way that you could 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 each month. Now Im not going to sugar coat this, a few of these are going to take work but will mean thousands per month you can count on.

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

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Our very first facet holiday idea is with deal websites 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 website so you get paid to do things like take surveys, play video games, watch videos and try 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 rewards 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 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 however is you can do it when youre doing something else I flip through surveys 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 money back site in which you get a percentage discount on anything you buy online. What you do is start in 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 get from 3% to 25% cash back on anything you purchase. Youre still shopping directly on the merchants website so that you get all the other discounts and deals they provide, you just get an additional bonus for going through the TopCashBack 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 for $60 back. Again, not something thats going to make you rich as you have to buy things to get the money back but its free money on the things you you could try this out 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 because it sounds just like youre just writing random notes on a website. In fact, owning your own piece of electronic real estate is large money.

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

Blogging is going to take work starting out. That route to $5,000 per month didnt happen overnight but just like property development, it build up an advantage 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 will continue to send visitors even if I take a little time away. .

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