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You can work your butt 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 take 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 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 from worrying about money and the only way you could ever reach financial independence.

Im going to discuss my seven popular passive income resources, income streams 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 a month you can count on.

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Im going to start with the simple passive income ideas, the ones which you can start making money on instantly and will operate through to the ones youll create the maximum money on as we proceed through the list so be sure you stick around to catch those last couple of passive income plans. .

Our very first side holiday idea is with deal websites like Swagbucks and TopCashBack. Now these are actually two different types of passive income thoughts since theyre different types of websites.

Swagbucks is a get-paid-to website so you get paid to do things like take surveys, play video games, watch videos and test 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 users have redeemed over $344 million in rewards 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 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 that you can take action 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 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 site in which you receive a percentage discount on anything you buy online. Everything you do is start at the TopCashBack site then click through one of those 4,000 retailers with a cash back program.

All 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 directly on the retailers site so that you get the rest of the discounts and deals they offer, you simply get an additional bonus for going via the TopCashBack site first. .

TopCashBack is somewhat better with the ordinary money back around 6% of your purchase so if you spend $1,000 online youre going for $60 back. Again, not something thats going to make you rich the original source because you need to buy things to get the cash 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 hop over to these guys reality, owning your own piece of electronic property is large money.

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

Blogging is still going to require work starting out. That path to $5,000 per month didnt happen overnight but just like real estate development, it build an asset 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'll continue to send visitors even when I take a little time away. .