All About Passive Income In South Africa - Passive Income Ideas

However, if marketed correctly (via blogging hubs in your niche, for instance ), you could have residual sales that last a very long time.Generally, e-books can sell well since they're priced low. If your client can afford to get a functioning notebook, tablet, or smartphone on that to browse the e-book, they can afford to purchase a cheap e-book without much financial trouble.

However, online classes even generally cost upwards of $100, while e-books tend to be under $10. Create an online course.If you have technical knowledge in a certain subject, you can put together an online class to educate others. For instance, if you have experience in real estate investing, you can produce an online course Real Estate Investing 101.

Fundamentally, when they click through to the website using your unique link, you'll be given a commission on their purchase. That is how many bloggers have grown their income month to month.To learn more, Making Sense of Affiliate Marketing by Michelle Schroeder-Gardner of Making Sense of Cents is a highly recommended course.If you need to begin a blog, here is my easy ten-minute guide to starting a blog.Take advantage of credit card sign-up bonuses.Most credit card companies offer you sign-up bonuses to entice you to open a credit account with them.

Some of the best travel charge cards provide 100,000 points to new accounts when you meet reasonable spending requirements.Also known as travel hacking, these rewards can be redeemed as cash (statement credit) or airline miles (free of airfare).For individuals who travel frequently, The FlyerTalk forums are a great resource.Take advantage of bank account promotions.If you don't want to mess with your credit score and chase credit card bonuses, you can use the same ideas towards bank promotions and bonus offers with no credit score hit.

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The income will generally be reported on a Form 1099-INT so it'll be taxed like interest income, which is passive income.Advertise on your blog.If you run a site and receive decent traffic, so you can incorporate ads to your site. These can usually be on the sidebar, and possibly at the bottom of your posts.

In case you have a lot of traffic, this can add up to a decent chunk of change.If you need to start a blog, here is my easy ten-minute guide to starting a blog.Rent out extra room in your house.If you get a spare bedroom, you can find a roommate or set the space on AirBnB for travellers.

This is a super painless way to earn $500 to $1,000 a month without much effort you might even have the ability to cover your mortgage payment with this extra income! (if it is your very first time, use this link for $40 in travel credit)Rent out items you have.Given the growth in the sharing economy, your own junk can start to cover itself.

If your furniture is much more modern but you cant bear to get rid of it a home stager will probably be interested.Become a peer to peer peer lender.Websites like more tips here LendingClub streamline the lending process between peers/friends. Returns are advertised as 5-7%+ and reach on your account as monthly payments. There is some risk of default, however, the threat can be minimized with sufficient diversification.Become a personal lender.As a personal lender, you also can lend to anyone in your social circle.

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You can partner with a rehabber who utilizes your funds for a short term in exchange for an interest rate that is mutually consented upon.Design products to market on CafePress or even Redbubble.If you are creative and can tap into the latest trends to determine what sorts of images could market, you can post your design on CafePress Shop or Redbubble, where clients can buy all different kinds of merchandise printed with your design.

If one is taken, the only recourse would be to approach the owner to go over a sale. When there are other variations you can choose, sometimes owning a certain domain (particularly if it's connected to your business) can be worth the premium. Often, people will scout out domain names which are still available, buy themand then sit on them in order to sell them down the street.

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You can even combine this with different marketing campaigns if you're an influencer and have your own site (advertisement + affiliate income). This is the way many bloggers make money! Again, it's not 100% passive but once set up properly and then climbed, can be surprisingly lucrative.Buy that a laundromat/car wash.Laundromats and car washes are infamous for being cash flow machines, but until you buy one make sure you complete your due diligence.