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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 a number of them take a good deal of work.

Passive income is money you earn out of a solution or an investment where you dont need to do any more work after you set it 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 ever 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 resources, income flows I use to make money every month. Now Im not going to sugar coat this, some of them are going to take work but will mean thousands a month you can count on.

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Im going to start with the easy passive income ideas, the ones which you can start making money on immediately and will operate through into the ones youll create the maximum money on as we proceed through the listing so make sure to stick around to catch those last couple of passive income strategies. .

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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 ideas because theyre different types of websites.

Swagbucks is a get-paid-to website so that you get paid to do things like take polls, play video games, watch videos and test out free product samples. Doing each of these, you earn points that are ordinarily convertible to one hundred points for a dollar.

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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 the money works out to just under $2 an hour this isnt something thats going to make you rich. Youd need to operate 2,500 hours to make $5,000 so thats approximately three and a half months, non-stop. The thing with Swagbucks though is that you can take action when youre doing something else so I flip through surveys and other things while 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. Everything you do is start in 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% to 25% cash back on anything you buy. Youre still shopping directly on the retailers site so that you receive the rest of the discounts and bargains they provide, you just get an additional bonus for going through the TopCashBack web site . .

TopCashBack is navigate to these guys a little better with the average cash 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 wealthy as you need to buy things to find the cash back but its free money on the things you were going to buy anyway. .

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Our next passive income idea is blogging. Im not a big fan of the term blogger as it sounds just like youre only writing random notes on a site. In reality, owning your own piece of digital real estate is big money.

I started my own websites in December 2014 and broke $5,000 a month just a couple of decades later. click to investigate I dropped $5,500 through 2017 and thats not including side hustle work I did freelancing.

Blogging is going to take work starting out. That path to $5,000 per month didnt happen overnight but only like real estate development, it build up an asset that now generates 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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