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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 some of them require a lot of work.

Passive income is money you earn from a solution or an investment where you dont need to do any more work once you put 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 that you will be free from worrying about money and the only way that you will ever reach financial independence.

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Im going to share my seven favorite passive income resources, income flows I use to create money each month. Now Im not going to sugar coat this, a few of them 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 thoughts, the ones which you can begin making money on immediately and will work through to the ones youll create the maximum money on as we proceed through the list so make sure you stick around to grab those last few passive income plans. .

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Our very first side hustle idea is with bargain websites like Swagbucks and TopCashBack. Now these are actually two different kinds of passive income ideas since theyre different kinds of websites.

Swagbucks is a get-paid-to site so 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 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 the time. Swagbucks users have redeemed over $344 million in rewards 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 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 however is that you can do it when youre doing something else I flip through polls and other things 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 cash.

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TopCashBack is an online shopping money back site in which you get a percentage discount on anything you buy online. Everything you do is start in the TopCashBack website then click through one of the 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 purchase. Youre still shopping right on the retailers website so you get the rest of the discounts and bargains they offer, you simply get an additional bonus for going through the TopCashBack site . .

TopCashBack is somewhat better with the ordinary cash back around 6% 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 have to buy stuff to find the money back but its like it free money on the things you were going to buy anyway. check it out .

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Our next passive income notion is blogging. Im not a big fan of the term blogger because it sounds just like youre just writing random notes on a website. In fact, owning your own piece of digital property is big money.

I started my own websites in December 2014 and broke $5,000 a month just a couple of years after. I averaged $5,500 through 2017 and thats not including side holiday work I did freelancing.

Blogging is still going to take work starting out. That path to $5,000 a month didnt happen overnight but only like property development, it build an advantage that now generates constant cash flow whether I work or not. I get over 30,000 visitors a month from Google search rankings, rankings that will continue to send traffic even when I take a little time away. .

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