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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 some of them take a lot of work.

Passive income is money you earn from a solution or an investment in which you dont need to do any more work after you set it 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 of worrying about money and the only way you will ever achieve financial independence.

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Im going to discuss my seven favorite passive income sources, income flows I use to create money every 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 thoughts, the ones you can begin making money on immediately and will work through into the ones youll create the most money on as we proceed through the list so be sure to stick around to catch those last few passive income plans. .

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Our very first side hustle idea is with deal websites 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 site so that you get paid to do things like take surveys, play video games, watch videos and test out free product samples. Doing all them, you earn points which 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 benefits 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 rich. Youd need to operate 2,500 hours to make $5,000 so thats about three and a half months, non-stop. The thing with Swagbucks however is that you can take action when youre doing something else so I flip through polls and other stuff while Im cooking dinner or flipping channels. .

Swagbucks is offering a $5 cash bonus just for signing up through their distinctive offer so sign up here to snag your bonus money.

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

These are everything from Nike to Home Depot and you get from 3% to 25% cash back on anything you buy. Youre additional info still shopping right on the merchants website so that you get the rest of the discounts and deals they offer, you simply get an additional bonus for going via the TopCashBack web site . .

TopCashBack is somewhat better with the ordinary money back around 6% of your wikipedia reference 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 wealthy because you have to buy stuff 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 big fan of the term blogger because it sounds like youre only writing random notes on a site. In fact, owning your own piece of digital property is big money.

I began my own websites in December 2014 and broke $5,000 per month just two years after. I dropped $5,500 through 2017 and thats not including side hustle work I did freelancing.

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

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