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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 take a good deal of work.

Passive income is money you earn out of a product or an investment where you dont have to do any more work after you set this 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 that you will be free from worrying about money and the only way you will ever reach financial independence.

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Im going to share my seven favorite passive income sources, income flows I use to make money each month. Now Im not going to sugar coat this, a few of them are going to take work but may mean thousands per month you can count on.

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Im going to start with the simple passive income thoughts, the ones which you can start making money on immediately and will operate through into the ones youll create the most money on as we go through the listing so make sure you stick around to catch those last couple of passive income plans. .

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

Swagbucks is a get-paid-to site so you get paid to do things such as take surveys, play video games, watch videos and try out free product samples. Doing all them, you earn points that 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 users 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 this isnt something thats going to make you rich. Youd need to work 2,500 hours to make $5,000 so thats approximately three and a half months, non-stop. The thing with Swagbucks though is you can do you could check here it when youre doing something else so 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 money.

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TopCashBack is an online shopping money back site in our website which you receive a percentage discount on anything you buy online. What you do is start at the TopCashBack site then click through one of those 4,000 retailers with a cash 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 directly on the retailers site so that you get the rest of the discounts and bargains they offer, you simply get an additional bonus for going through the TopCashBack site first. .

TopCashBack is a little better with the ordinary cash back around 6% of your purchase so if you spend $1,000 online youre going for $60 back. Again, not something thats going to make you rich as you have to buy things 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 idea is blogging. Im not a big fan of the term blogger because it sounds like youre only writing random notes on a site. In reality, owning your own piece of electronic real estate is big money.

I started my own websites in December 2014 and broke $5,000 per month just two years later. I averaged $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 only like real estate development, it build up an advantage that now creates constant cash flow if I work or not. I get over 30,000 visitors a month from Google search rankings, rankings that will continue to send visitors even when I take a little time away. .

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