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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 lot of work.

Passive income is money you earn out of a solution or an investment in which you dont need to do any more work once you put this 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 you will ever be free of worrying about money and the only way that you will ever achieve financial independence.

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Im going to share my seven favorite passive income sources, income streams I use to create money every 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 make the most money on as we go through the listing so be sure to stick around to grab those last couple of passive income plans. .

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

Swagbucks is a get-paid-to website so that you get paid to do things like take surveys, play video games, watch videos and test out free product samples. Doing all them, you earn points which are usually 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 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 that the money works out to just under $2 an hour this isnt something thats going to make you rich. 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 however is that you can do it 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 distinctive offer so sign up here to snag your bonus money.

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TopCashBack is an online shopping money back site where you receive a percentage discount on anything you buy online. What you do is start in the TopCashBack website then click through one of the 4,000 retailers with a cash back program.

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

TopCashBack is a little better with the ordinary cash back around 6 percent of your purchase so if you spend $1,000 online youre going to get $60 back. Again, not something thats going to make you wealthy as you need to buy things to find more helpful hints the cash back but its 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 because it sounds just like youre just writing random notes on a site. In fact, owning your own piece of electronic real estate is large money.

I started my own websites in December 2014 and broke $5,000 a month just a couple of years after. 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 path to $5,000 per month didnt happen overnight but just like property development, it build an asset that now creates constant cash flow whether I work or not. I get over 30,000 visitors check this a month from Google search rankings, rankings that will continue to send traffic even if I take a little time off. .

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