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4 Ways to Make Passive Income

Updated on February 1, 2012

If, you are searching for unique ways to start a part time or full time way to make some extra cash then you should consider some of the fantastic passive income ideas here. We all want to make more money, but it is not going to appear for us overnight. It will take some initial effort up front, but the harder you work the more it will give you.

Everyone wants to make more money. Everyone wants to make more money while we do nothing for it. But, the reality is we do need to have a little time and effort up front to be able to get that extra cash we are searching for. So lets take a look at some of the ways you can make a living with passive income.

Here, are some passive income strategies to consider.

1. Selling Information on popular topics

If, you are searching for a way to sell information then the best place to do that is online. People are constantly turning to the internet to get information on products, services, or how to questions answered. It does not take an author to write articles or informative blogs, or newsletters. All it takes is someone with Basic English skills and a passion for what they are writing about.

Some ways people get their information from online sources

1. Blogs

2. Articles

3. EBooks

4. Offline CD rom products

2. Create a product (software application)

If, you are a creative person and know a little about programming it is a terrific way to earn a little more. A good way to make a passive income is with the creation of software or online web application that is useful to people. Or an add-on that provides information for I-phone or browser applications.

So, if you have a little bit of the technical background, it is quite easy to develop and distribute such programs and charge a small fee. This is an excellent way to make a little of that extra income that you are searching for. Some have even quit their day jobs and gone to it full time.

3. Become a webmaster

There are many small businesses in local communities who have not realized the full potential of the online community. Many of these local business people do not even have a website a terrific way to earn a small passive income is to offer to set them up with hosting and build their site for them while charging them a small maintain fee. You can make even more if your clients are wishing to do more with their website and you can charge them on a project basis.

4. Memberships are an excellent way to maintain a monthly income generation online. You find a product or service that you would be helpful or convenient for people to have. You sell memberships and receive the commission for selling that membership and then get paid every time a person will renew it every month. Some of the best places to start with affiliate marketing is with click bank or Commission junction.

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  • soconfident profile image

    Derrick Bennett 

    6 years ago

    Great hub very useful

working

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