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But if marketed correctly (via blogging hubs in your niche, for example), you could have residual earnings that last a very long time.Generally, e-books can sell well because they are priced low. If your client can afford to have a functioning laptop, tablet, or smartphone on that to browse the e-book, they can manage to buy a cheap e-book without much financial trouble.

However, online classes even typically cost upwards of $100, while e-books tend to be under $10. Make an online course.If you have specialized knowledge in a certain topic, you can assemble an online class to teach others. By way of example, if you have experience in real estate investing, you can create an online class Real Estate Investing 101.

Fundamentally, when they click through the website using your unique link, you'll be given a commission on their purchase. This is how many bloggers have grown their income month to month.To learn more, Making Sense of Affiliate Marketing by Michelle Schroeder-Gardner of Making Sense of Cents is a highly recommended course.If you need to begin a blog, here's my simple ten-minute guide to starting a blog.Take advantage of credit card sign-up bonuses.Most credit card companies offer sign-up bonuses to entice you to open a credit account together.

A number of the very best travel credit cards offer 100,000 points to new accounts when you fulfill reasonable spending requirements.Also known as travel hacking, these rewards can be redeemed as cash (statement credit) or airline miles (free of airfare).For those who travel frequently, The FlyerTalk forums are a great resource.Take advantage of bank account promotions.If you don't want to mess with your credit rating and chase credit card bonuses, you can apply the same notions towards bank promotions and bonus offers with no credit score hit.

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The income will typically be reported on a Form 1099-INT so that it'll be taxed like interest income, which can be passive income.Advertise on your blog.If you run a site and get decent traffic, so you can incorporate ads to your website. These can normally be on the sidebar, and perhaps at the bottom of your articles.

If you've got a lot of traffic, then this can add up to a decent chunk of change.If you need to begin a blog, here's my simple ten-minute guide to starting a blog.Rent out additional room in your house.If you have a spare bedroom, you can find a roommate or list the distance on AirBnB for travellers.

Facts About Passive Income In South Africa - Passive Income Ideas UncoveredNot known Incorrect Statements About Passive Income In South Africa - Passive Income Ideas
This really is a super painless way to earn why not try this out $500 to $1,000 a month without a lot of effort you might even be able to pay your mortgage payment with this extra income! (if it's your very first time, then use this link to get $40 in travel credit)Rent out items you have.Given the expansion in the sharing economy, your own junk can begin to pay for itself.

If your furniture is much more modern but you still cant bear to eliminate it a home stager will probably be interested.Become a peer to peer peer lender.Websites like LendingClub streamline the lending process between peers/friends. Returns are promoted as 5-7%+ and hit your account as monthly payments. There's some chance of default, however, the risk can be minimized with sufficient diversification.Become a private lender.As a private lender, you can lend to anyone in your social circle.

A Biased View of Passive Income In South AfricaPassive Income In South Africa - Passive Income Ideas Fundamentals Explained

Passive Income In South Africa - Passive Income Ideas Fundamentals Explained


You can partner with a rehabber who utilizes your funds for a short-term in exchange for an interest rate that is mutually agreed upon.Design products to market on CafePress or Redbubble.If you are creative and can tap into the latest trends to determine what sorts of graphics would market, you can post your design on CafePress Shop or Redbubble, where customers can buy many different kinds of merchandise printed with your design.

If one is taken, the only recourse would be to approach the owner to discuss a sale. While there are other variations you can choose, sometimes owning a certain domain (especially if it's attached to your business) can be worth the premium. Often, people will scout out domain names that are still available, buy them, and then sit on them in order to market them down the road.

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You can even combine this with different marketing campaigns if you're an influencer and have your own site (advertisement + affiliate income). This is how many bloggers earn money! Again, it is not 100% passive but once set up correctly and then climbed, can be surprisingly lucrative.Buy a laundromat/car wash.Laundromats and car washes are infamous for being cash flow machines, but before you buy one make sure that you complete your due diligence.

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