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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 require 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 once you set it up. That means consistent cash flow each month whether youre working or not.

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Thats the only real way to financial freedom. Passive income is the only way that you will ever 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 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 begin with the simple passive income ideas, the ones which you can begin making money on instantly and will operate through to the ones youll make 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 websites like Swagbucks and TopCashBack. Now these are actually two different types of passive income ideas since theyre different types of sites.

Swagbucks is a get-paid-to site so you get paid to do things such as take surveys, play video games, watch movies and try out free product samples. Doing all these, you earn points that are usually 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 benefits for gift cards and Amazon rewards.

Now Ive been using Swagbucks for a 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 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 do it when youre doing something else I flip through polls and other stuff whilst 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 money.

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TopCashBack is an online shopping money back site where you receive a percentage discount on anything you buy online. additional info What you do is start in the TopCashBack website then click through one of the 4,000 retailers with a cash back program.

These are everything from Nike to Home Depot and you get from 3% to 25% cash back on anything you purchase. Youre still shopping directly on the merchants website so that you get all the other discounts and deals they offer, you simply get an extra bonus for going through the TopCashBack web site . .

TopCashBack is a little better with the average cash 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 rich as you need to buy things 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 huge fan of the term blogger as it sounds just like youre only writing random notes on a website. In reality, owning your own piece of electronic property is large money.

I began my own sites 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 still going to take work starting out. That path to $5,000 a month didnt happen overnight but just like real estate development, it build 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 will continue to send traffic even when I take anonymous a little time off. .

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