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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 require a good deal of work.

Passive income is money you make from a product or an investment where you dont have to do any more work once you put 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 you will be free of worrying about money and the only way you could ever reach financial independence.

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Im going to discuss my seven popular passive income resources, income flows I use to create money each month. Now Im not going to sugar coat this, some of these are going to take work but may mean thousands per month you can count on.

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Im going to start with the simple passive income ideas, the ones you can start making money on immediately and will work through to the ones youll create the maximum money on as we go through the listing so be sure you stick around to grab those last few 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 thoughts since theyre different kinds of websites.

Swagbucks is a get-paid-to website so you get paid to do things such as take surveys, play video games, watch videos and test out free product samples. Doing each of them, 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 users have redeemed over $344 million in benefits for gift cards and Amazon rewards.

Now Ive been using Swagbucks for a little while and have found the money works out to just under $2 an hour this isnt something thats going to make you rich. Youd have to operate 2,500 hours to make $5,000 so thats about three and a half months, non-stop. The thing with Swagbucks though is that you can do it when youre doing something else I flip through surveys and other things whilst Im cooking dinner or flipping channels. .

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

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TopCashBack is an online shopping cash back website in which you get a percentage discount on anything you buy online. Everything you do is start in the TopCashBack website then click through one of the 4,000 retailers using a cash back program.

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

TopCashBack is a little better with the average money back around 6 percent of your purchase so if you spend $1,000 online youre going to get $60 back. Again, not something thats going to make you rich as you need to buy things to find the cash back but its 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 huge fan of the term blogger because it sounds like youre only writing random notes on a read the full info here website. In fact, owning your own piece of digital real estate is big money.

I started my own websites 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 a month didnt happen overnight but just like real estate news development, it build an advantage that now generates constant cash flow if I work or not. I receive 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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