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However, if promoted correctly (via blogging hubs in your niche, by way of example), you could have residual earnings that last a very long time.Generally, e-books can sell very well because they are priced low. If your customer can afford to get a functioning notebook, tablet, or smartphone on that to browse the e-book, they can afford to buy a inexpensive e-book without much financial difficulty.

However, online courses even generally cost upwards of $100, while e-books tend to be under $10. Create an online course.If you've technical knowledge in a certain topic, you can assemble an online class to teach others. For instance, if you have experience in real estate investing, you can create an online class Real Estate Investing 101.

Basically, when they click through to the website using your unique link, you'll receive a commission on their order. This is the way 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 easy 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 charge account with them.

A number of the best travel credit cards offer 100,000 points into new accounts when you meet reasonable spending requirements.Also known as travel hacking, these rewards can be redeemed as cash (statement credit) or airline miles (for free airfare).For individuals 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 use the same notions towards bank promotions and bonus offers without the credit hit.

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The income will generally be recorded on a Form 1099-INT so it'll be taxed like interest income, which is passive income.Advertise on your blog.If you run a blog and receive decent traffic, so you can incorporate ads to your site. These will usually be on the sidebar, and possibly at the bottom of your posts.

In case you've got a lot of traffic, this can add up to some decent chunk of change.If you need to begin a blog, here is my easy ten-minute guide to starting a blog.Rent out additional room in your house.If you get a spare bedroom, you can find a roommate or list the distance on AirBnB for travelers.

This is a super painless way to earn $500 to $1,000 a month without much effort you might even have the ability to cover your mortgage payment with this extra income! (if it's your first time, then use this link to get $40 in traveling credit)Rent out things you already have.Given the expansion in the sharing economy, your junk can begin to pay for itself.

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

The Best Guide To Passive Income In South Africa - Passive Income Ideas

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

If one is taken, the only recourse would be to approach the owner to go over a sale. While there are different variations you could choose, occasionally owning a certain domain (especially if it is attached to a business) can be well worth the premium. Often, people will scout out domain names that are still available, buy themand then sit on them in order to market them down the road.

Excitement About Passive Income In South Africa - Passive Income Ideas

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