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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 take a good deal of work.

Passive income is money you make from a solution or an investment where you dont need to do any more work after 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 you will ever be free of 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 sources, 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 will mean thousands a month you can count on.

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Im going to begin with the simple passive income ideas, the ones you can begin making money on instantly and will work through into the ones youll make the maximum money on as we proceed through the list so make sure you stick around to catch those last couple of passive income plans. .

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Our first side hustle idea is with bargain sites like Swagbucks and TopCashBack. Now these are actually two different types of passive income thoughts because 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 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 your time. Swagbucks consumers have redeemed over $344 million in rewards for gift cards and Amazon rewards.

Now Ive been using Swagbucks for a 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 though is you can do it when youre doing something else I flip through surveys and other stuff whilst Im cooking dinner or even 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 cash back website where you receive a percentage discount on anything you buy online. What you do is start in the Read More Here 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% to 25% cash back on anything you buy. Youre still shopping directly on the retailers site so you get all the other discounts and bargains they offer, you simply get an additional bonus for going through the TopCashBack site first. .

TopCashBack is somewhat better with the ordinary money back around 6 percent of your purchase so in the event that 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 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 because it sounds just like youre just writing random notes on a site. 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 two decades after. I dropped $5,500 through 2017 and thats not including side holiday work I did freelancing.

Blogging is going to require work starting out. That route to $5,000 per month didnt happen overnight but just like real estate development, it build an next page 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 visitors even when I take a little time off. .

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