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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 take a lot of work.

Passive income is money you make from a product or an investment where you dont have 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 real way to financial freedom. Passive income is the only way that you will be free of worrying about money and the only way that you could ever reach financial independence.

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

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Im going to begin with the easy passive income ideas, the ones you can begin making money on immediately and will operate through into the ones youll create the maximum money on as we proceed through the list so be sure you stick around to catch 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 since theyre different kinds of sites.

Swagbucks is a get-paid-to site so you get paid to do things like take polls, play video games, watch movies and try out free product samples. Doing each of 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 next page 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 have to work 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 take action when youre doing something else I flip through surveys and other stuff 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 cash back site where you get a percentage discount on anything you buy online. Everything you do is start in the TopCashBack site then click through one of those 4,000 retailers with a money back program.

All these are everything from Nike to Home Depot and you also get from 3% to 25% cash back on anything you purchase. Youre still shopping right on the merchants website so that you receive all the other discounts and deals they offer, you simply get an extra bonus for going via the TopCashBack site . .

TopCashBack is somewhat better with the ordinary money 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 rich because you need to buy stuff to get the cash 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 like youre only writing random notes on a site. In reality, owning your own piece of electronic real estate is large money.

I began my own sites in December 2014 and broke $5,000 a month just a couple of years after. I dropped $5,500 through 2017 and thats not including side hustle work I did freelancing.

Blogging is still going to require work starting out. That route to $5,000 a month didnt happen overnight but only like real estate development, it build up an asset that now creates constant cash flow whether I work or not. I receive over 30,000 visitors a month from Google search rankings, rankings that will continue to send traffic even if I take a little time away. .

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