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Start house or pet sitting. This one is a kind of hybrid passive/active income source, but if youre going to be hanging out at home doing nothing, why not get paid to do it somewhere else Watch someones house and pets while theyre on vacation for a little additional money.

Start a YouTube channel. Although the YouTube space is competitive, theres small overhead cost to begin. In case youre passionate about your chosen niche and supply value to your audiences, advertisement placements and sponsorship opportunities can help you earn a sizeable passive income.

License your own photos. In case you've got a natural eye for photography, consider selling your photographs to stock photography websites. Once approved, youll earn royalties each time a customer downloads one of your own photos.

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Design t-shirts or other products. Create fun and trendy graphics for e-commerce sites like Zazzle or even CafePress to place on all sorts of products from t-shirts to mugs. Production is taken good care of and youll earn a commission on the goods sold.

Create templates. If you fancy yourself an HTML wiz, designing and offering site templates for bloggers or e-commerce sites might be a great source of passive income for you.

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Sell graphic design documents. Even amateur graphic designers can earn a passive income by designing and selling graphic design documents like icons or templates of all kinds.

Publish an ebook. Have you got a story youre itching to tell Writers no longer need to wait for the attention of a publisher to release their job. If you advertise your book well (think social websites ), self-publishing an ebook will earn you plenty of residual sales.

License music. For the musically inclined, licensing music, especially instrumental tracks, can generate a decent passive income and help companies or movie founders looking for high-quality sound.

Sell digital artwork files. To lower overhead costs and minimize supply chain logistics, design a piece of artwork or photography and offer a digital download for a lesser cost. Many people are looking to furnish their homes on a budget and could happily print the artwork themselves.

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Create an eCourse. An eCourse can be about anything youre passionate about. Have a great deal of knowledge about digital marketing Produce an eCourse! Are you an expert in the field of bird watching Create an eCourse! Anything you love, theres an audience out there.

Record a video course. Very similar to e-courses, you will find endless options for video course subjects. Video as a medium offers a personal connection and also a different way to learn, making it an equally viable option.

Sell a lesson plan. If youre a teacher you can create a passive income by simply selling your lesson plans online to other educators. Its something youre doing , so why not talk about the knowledge

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Create an online guide. If youre an expert in your field or have in-depth knowledge of how something works or how to fix something, you can compose a guide for it.

Sign up for cash back credit cards. Many credit cards offer some type of money back benefits, but finding one which offers the most rewards for your lifestyle is the secret to maximizing your return.

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Advertise on your car. Some companies will pay money for advertisement space on your vehicle. All you need to do is drive aroundwhich youre probably doing anyway!

Participate in research studies. Get paid to let researchers track anything from the shopping habits to you sleeping patterns. If youre comfortable sharing this information, it can be a terrific source of passive income that requires little to no effort.

Rent a room in your home. If you presently have an extra space in your home, rent it out. You can make additional money with only some simple hospitality.

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Shop with cash back sites. Shopping through websites that provide cash back benefits can be as effective as couponing, if not more! Just shop as you normally would and earn rebates on your purchases.

Rent your stuff. Do you have random equipment filling your garage that you seldom use Rent it out! Specialized equipment for lawn maintenance or home improvement projects is often a one-time use for most people. Youll make some money and other people will be able to use your resources for a fraction of the cost of buying them outright. .

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Launching a side business or figuring out how to invest your money when youre strapped for time isnt easy, but the payoff makes everything Residual Income In Sweden - Passive Residual Income worthwhile. The money that you earn from passive income will undoubtedly get you well on your way to achieving your financial objectives and much closer to true financial freedom.