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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 out of a solution or an investment where 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 be free from worrying about money and the only way you will ever reach financial independence.

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Im going to share my seven popular passive income resources, income streams I use to make money every month. Now Im not going to sugar coat this, a few 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 easy passive income thoughts, the ones which you can start making money on instantly and will operate through to the ones youll make the maximum money on as we proceed through the listing so be sure you stick around to catch those last couple of passive income strategies. .

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

Swagbucks is a get-paid-to website so you get paid to do things like take surveys, play video games, watch movies and try 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 consumers have redeemed over $344 million in benefits for gift cards and Amazon rewards.

Now Ive been browse around this web-site using Swagbucks for a little while and have found the money works out to just under $2 an hour so this isnt something thats going to make this link 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 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 special offer so sign up here to snag your bonus cash.

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

All these are everything from Nike to Home Depot and you get from 3% to 25% cash back on anything you purchase. Youre still shopping right on the retailers site so you receive the rest of the discounts and bargains they provide, you simply get an extra bonus for going via the TopCashBack site first. .

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 for $60 back. Again, not something thats going to make you wealthy as you need to buy things 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 notion is blogging. Im not a huge fan of the term blogger because it sounds like youre just writing random notes on a website. In fact, owning your own piece of digital real estate is large money.

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

Blogging is still going to require work starting out. That path to $5,000 per month didnt happen overnight but only like real estate development, it build 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 visitors even if I take a little time off. .

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