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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 require a good deal of work.

Passive income is money you earn from 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 if 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 could 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, a few of these are going to take work but will mean thousands per month you can count on.

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Im going to begin with the simple passive income ideas, the ones you can start making money on immediately and will operate through to the ones youll make the maximum money on as we go through the list so be sure to stick around to grab those last couple of passive income strategies. .

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Our very first facet hustle idea is with deal websites like Swagbucks and TopCashBack. Now these are actually two different kinds of passive income ideas because theyre different types of sites.

Swagbucks is a get-paid-to site so that you get paid to do things such as take polls, play video games, watch movies and test out free product samples. Doing all these, 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 your 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 that the money works out to just under $2 an hour so 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 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 website where you receive a percentage discount on anything you buy online. Everything you look at this website do is start at the TopCashBack website then click through one of those 4,000 retailers using a money back program.

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

TopCashBack is a little better with the ordinary 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 have to buy stuff to find 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 only writing random notes on a website. In fact, owning your own piece of digital real estate is big money.

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

Blogging is still going to require work starting out. That route to $5,000 a month didnt happen overnight but just like property development, it build up an advantage that now creates constant cash flow if Homepage I work or not. I receive over 30,000 visitors a month from Google search rankings, rankings that'll continue to send visitors even when I take a little time off. .

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