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You can work your ass off to make 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 good deal of work.

Passive income is money you make out of a solution or an investment in which you dont have to do any more work once you put this up. That means consistent cash flow each 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 ever be free of worrying about money and the only way that you could ever achieve financial independence.

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Im going to discuss my seven popular passive income resources, income streams I use to create money every month. Now Im not going to sugar coat this, some 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 ideas, the ones you can begin making money on instantly and will work through into the ones youll make the most money on as we go through the list so make sure to stick around to grab those last couple of passive income plans. .

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

Swagbucks is a get-paid-to site so you get paid to do things like take surveys, play video games, watch movies and test out free product samples. Doing each of them, you earn points which 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 the 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 the money works out to just under $2 an hour so this isnt something thats going to make you wealthy. 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 you can do it when youre doing something else I flip through polls and other things while 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 cash back website where you get a percentage discount on anything you buy online. Everything have a peek at this site you do is start at the TopCashBack site then click through one of the 4,000 retailers using a cash back program.

All these are everything from Nike to Home Depot and you get from 3 percent to 25% cash back on anything you purchase. Youre still shopping directly on the merchants website so that you get website link the rest of the discounts and bargains they offer, you simply get an additional bonus for going via the TopCashBack web site . .

TopCashBack is somewhat better with the ordinary cash back around 6 percent of your 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 things to find 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 as it sounds just like youre only writing random notes on a website. In fact, owning your own piece of digital property is large money.

I began my own sites 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 going to require work starting out. That route to $5,000 a month didnt happen overnight but just like real estate development, it build up an asset 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 visitors even when I take a little time away. .

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