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You can work your ass 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 require a good deal of work.

Passive income is money you make from a product or an investment in which you dont have to do any more work after you set this up. That means consistent cash flow each 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 be free of worrying about money and the only way you will ever achieve financial independence.

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Im going to share my seven favorite passive income sources, income streams I use to make money every month. Now Im not going to sugar coat this, a few of them are going to take work but may mean thousands a month you can count on.

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Im going to start with the easy passive income ideas, the ones which you can begin making money on immediately and will operate through to the ones youll make the maximum money on as we proceed through the list so be sure to stick around to catch those last few passive income strategies. .

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

Swagbucks is a get-paid-to site so that you get paid to do things like take surveys, play video games, watch movies and test out free product samples. Doing all these, you earn points which 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 the time. Swagbucks consumers 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 this isnt something thats going to make you wealthy. Youd need to work 2,500 hours to make $5,000 so thats approximately 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 surveys and other things whilst Im cooking dinner or even flipping channels. .

Swagbucks is offering a $5 cash bonus just for signing up through their find more info 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. Everything you do is start in the TopCashBack site then click through one of those 4,000 retailers using a cash back program.

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 right on the retailers website so you get all the other discounts and deals they offer, you simply get an additional bonus for going through the TopCashBack web site first. .

TopCashBack is somewhat better with the ordinary money back around 6% of your purchase so in the event that you spend $1,000 online youre going to get $60 back. Again, not something thats going to make you wealthy because you have to buy stuff to find the cash back but its completely 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 fan of the term blogger as it sounds just like youre just writing random notes on a website. In reality, owning your own piece of electronic property is big money.

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

Blogging is still going to take work starting out. That route to $5,000 per month didnt happen overnight but just like property development, it build up an advantage that now creates constant cash flow if I work or not. webpage I get over 30,000 visitors a month from Google search rankings, rankings that'll continue to send traffic even when I take a little time away. .

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