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You can work your butt 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 take a lot of work.

Passive income is money you earn out of a product or an investment in which 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 real way to financial freedom. Passive income is the only way you will ever be free from worrying about money and the only way that you will ever achieve financial independence.

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Im going to discuss my seven popular passive income sources, income streams I use to make money each month. Now Im not going to sugar coat this, some of these are going to take work but will mean thousands a 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 instantly and will operate through to the ones youll create the maximum money on as we proceed through the list so make sure to stick around to grab those last few passive income strategies. .

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

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 all these, 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 your time. Swagbucks consumers have redeemed over $344 million in benefits for gift cards and Amazon rewards.

Now Ive been using Swagbucks for a 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 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 things while Im cooking dinner or 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 you can check here is an online shopping cash back website where you get a percentage discount on anything you buy online. What you do is start in the TopCashBack site then click through one of those 4,000 retailers with a money back program.

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 directly on the retailers site so that you receive the rest of the discounts and bargains they provide, you just get an extra bonus for going through the TopCashBack web site . .

TopCashBack is somewhat 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 have to buy things to have a peek here 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 notion is blogging. Im not a huge fan of the term blogger as it sounds just like youre only writing random notes on a site. In reality, owning your own piece of electronic property is large 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 hustle 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 real estate development, it build an asset that now generates constant cash flow whether I work or not. I get over 30,000 visitors anonymous a month from Google search rankings, rankings that will continue to send visitors even when I take a little time off. .

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