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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 earn from a product or an investment in which you dont have 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 you will ever 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 resources, income streams I use to make money each month. Now Im not going to sugar coat this, some of these are going to take work but may mean thousands a month you can count on.

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Im going to begin with the simple passive income ideas, the ones which you can start making money on instantly and will work through into the ones youll make the most money on as we proceed through the list so be sure you stick around to grab those last few passive income strategies. .

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Our first facet hustle idea is with bargain websites like Swagbucks and TopCashBack. Now these are actually two different kinds of passive income thoughts since theyre different types 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 click here to read 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 the time. Swagbucks consumers have redeemed over $344 million in rewards for gift cards and Amazon rewards.

Now Ive been using Swagbucks for a little while and have found the money works out to just under $2 an hour so this isnt something thats going to make you rich. Youd have to operate 2,500 hours to make $5,000 so thats approximately three and a half months, non-stop. The thing with Swagbucks however is you can do it when youre doing something else so I flip through polls and other stuff while 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 site in which you receive a percentage discount on anything you buy online. Everything you do is start in the TopCashBack website then click through one of those 4,000 retailers using a cash back program.

These are everything from Nike to Home Depot and you get from 3% to 25% cash back on anything you buy. Youre still find this shopping directly on the retailers site so that you get the rest of the discounts and bargains they offer, you simply get an additional bonus for going via the TopCashBack site . .

TopCashBack is somewhat better with the average money back around 6 percent of your purchase so if 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 were going to buy anyway. .

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Our next passive income notion is blogging. Im not a big fan of the term blogger because it sounds just like youre only writing random notes on a website. In fact, owning your own piece of digital real estate is large money.

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

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

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