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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 a number of them require a good deal of work.

Passive income is money you earn from a product or an investment where you dont have to do any more work once you put it up. That means consistent cash flow each month whether youre working or not.

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Thats the only true way to financial freedom. Passive income is the only way that you will ever be free from worrying about money and the only way you will ever reach financial independence.

Im going to share my seven favorite passive income resources, income flows I use to make money each 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 start making money on instantly and will work through to the ones youll make the most money on as we proceed through the list so make sure you stick around to grab those last few passive income plans. .

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 kinds 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 videos and try out free product check these guys out samples. Doing each of these, you earn points which 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 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 rich. Youd have to work 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 click when youre doing something else so 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 by using their special offer so sign up here to snag your bonus money.

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TopCashBack is an online shopping money back website in which you receive a percentage discount on anything you buy online. What you do is start in the TopCashBack site then click through one of the 4,000 retailers using 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 retailers site so that you receive the rest of the discounts and deals they offer, you just get an extra bonus for going via the TopCashBack site . .

TopCashBack is somewhat better with the ordinary cash back around 6% of your purchase so in the event that you spend $1,000 online youre going to get $60 back. Again, not something thats going to make you wealthy as you need to buy things useful link 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 huge fan of the term blogger because it sounds just like youre just writing random notes on a site. In reality, owning your own piece of digital real estate is big money.

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

Blogging is still going to require work starting out. That route to $5,000 a month didnt happen overnight but just like property development, it build up an asset that now generates constant cash flow if I work or not. I get over 30,000 visitors a month from Google search rankings, rankings that'll continue to send visitors even if I take a little time off. .