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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 some of them take a good deal of work.

Passive income is money you make from a product or an investment where you dont need to do any more work after you set it up. That means consistent cash flow every 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 that you will ever achieve financial independence.

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Im going to discuss my seven popular passive income sources, income streams I use to create money every month. Now Im not going to sugar coat this, some of these 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 easy passive income thoughts, the ones which you can start making money on instantly and will operate through to the ones youll make the most money on as we proceed through the list so be sure you stick around to catch those last couple of passive income plans. .

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Our first facet hustle idea is with deal sites like Swagbucks and TopCashBack. Now these are actually two different types of passive income ideas since theyre different kinds of websites.

Swagbucks is a get-paid-to website so you get paid to do things such as take polls, play video games, watch movies and test out free product samples. Doing each of them, you earn points which are ordinarily convertible to one hundred points for a dollar.

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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 rewards for gift cards and Amazon rewards.

Now Ive been using Swagbucks for a little while and have found that the money works out to just under $2 an hour so this isnt something thats going to make you wealthy. 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 though is you can take action when youre doing something else so I flip through polls and other things while Im cooking dinner or flipping channels. .

Swagbucks is offering a $5 cash bonus just for signing up through their distinctive offer so sign up here to snag your bonus cash.

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TopCashBack is an online shopping money back site where 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 also get from 3 percent to 25% cash back weblink on anything you buy. Youre still shopping directly on the merchants internet website so you receive all the other discounts and deals they provide, you simply get an extra bonus for going through the TopCashBack web site first. .

TopCashBack is a little better with the ordinary 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 stuff to get the money back but its completely 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 like youre just writing random notes on a website. In reality, owning your own piece of electronic property is large money.

I started my own sites in December 2014 and broke $5,000 a month just two decades after. 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 advantage that now generates constant cash flow whether I work or not. I get over 30,000 visitors a month from Google search rankings, rankings that will continue to send traffic even if I take a little time away. .

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