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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 take a lot of work.

Passive income is money you make out of a solution or an investment where you dont have to do any more work once you set this 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 from worrying about money and the only way you will ever reach financial independence.

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Im going to share my seven favorite passive income resources, income flows 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 easy passive income thoughts, the ones which you can begin making money on instantly and will work through into the ones youll make the most 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 very first side holiday idea is with bargain 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 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 them, you earn points which are ordinarily convertible to click over here now 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 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 so this isnt something thats going to make you wealthy. Youd have to work 2,500 hours to make $5,000 so thats about three and a half months, non-stop. The thing with Swagbucks though is you can do it when youre doing something else so I flip through polls and other stuff while Im cooking dinner or even 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 money.

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

All these are everything from Nike to Home Depot and you also get from 3 percent 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 provide, you just get an extra bonus for going via the TopCashBack web site first. .

TopCashBack is a little better with the ordinary cash 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 rich because you need to buy things 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 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 fact, owning your own piece of electronic property is big money.

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

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

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