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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 lot of work.

Passive income is money you make out of a solution or an investment where you dont have to do any more work after you put it up. That means consistent cash flow each month whether 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 that you could ever achieve financial independence.

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Im going to share my seven favorite passive income resources, 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 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 which you can start making money on immediately and will work through into the ones youll make the maximum money on as we proceed through the listing so make sure you stick around to catch those last couple of passive income strategies. .

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

Swagbucks is a get-paid-to website so that you get paid to do things like take surveys, play video games, watch movies and try out free product samples. Doing each of them, you earn points that are usually 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 consumers 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 rich. Youd have to work 2,500 hours to make $5,000 so thats approximately three and a half months, non-stop. The thing with Swagbucks however 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 in which you get a percentage discount on anything you buy online. What you do is start in the TopCashBack site then click through one of the 4,000 retailers using a cash back program.

These are everything from Nike to Home Depot and you also get from 3 percent to 25% cash back on anything you buy. Youre still shopping directly on the merchants site so you receive all the other discounts and bargains they provide, you just get an extra bonus for going via the TopCashBack web site first. .

TopCashBack is a little better with the average 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 as you need to buy things to get the cash back but its 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 just like youre just writing random notes on a website. In fact, owning your own piece of check my reference electronic property is big money.

I started my own websites in December 2014 and broke $5,000 a month just a couple of years later. 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 route to $5,000 a month didnt happen overnight but just like property development, it build up an advantage that now creates constant cash flow if I work or not. I receive over 30,000 visitors a month from Google search rankings, rankings that will continue to send visitors even if I take a little time away. .

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