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You can work your butt off to make 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 make from a product or an investment in which you dont need to do any more work after you set this up. That means consistent cash flow every month if youre working or not.

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

Im going to discuss my seven favorite 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 per month you can count on.

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Im going to start with the simple passive income thoughts, the ones 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 grab those last couple of passive income strategies. .

Our first side holiday idea is with deal sites like Swagbucks and TopCashBack. Now these are actually two different kinds of passive income ideas because theyre different types of sites.

Swagbucks is a get-paid-to site so that you get paid to do things such as take surveys, play video games, watch videos and test out free product samples. Doing all these, you earn points that 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 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 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 things whilst Im cooking dinner or even flipping channels. .

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

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TopCashBack is an online shopping cash back website where you get a percentage discount on anything you buy online. Everything you do is start at the TopCashBack website then click through one of those 4,000 retailers with a money back program.

All these are everything from Nike to Home Depot and you get from 3 percent to 25% cash back on anything you purchase. Youre still shopping directly on the merchants site so you get the rest of the discounts and bargains they offer, you simply get an additional bonus for going through the TopCashBack site first. .

TopCashBack is a little better with the ordinary money back around 6% of your purchase so if you spend $1,000 online youre going to get $60 back. Again, not something thats going to make you wealthy as you have to buy stuff to find the money back but its free money on the things you were going to buy anyway. .

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Our next passive income idea is blogging. Im not a big use this link fan of the term blogger because it sounds like youre just writing random notes on a site. In reality, owning your own piece of digital real estate is big money.

I began my own websites in December 2014 and broke $5,000 per month just two years after. I dropped $5,500 through 2017 and thats not including side holiday work I did freelancing.

Blogging is going to require work starting out. That path to $5,000 a month didnt happen overnight but only like real estate development, it build up an advantage that now generates constant cash flow whether I work or not. I receive over 30,000 visitors a month from Google search rankings, rankings that'll continue to send traffic even when I take a little time off. .