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One way to boost your debt payoff is to lower your interest rate. If you have high-interest debt you want to get a lower interest rate on, check out Credible, which features loan amounts as low as 4.99% to refinancing your credit card debt.

Are you looking for a low-risk way to make passive income Then look at opening a high-yield savings account with an online bank like CIT Bank that pays 19 times more than traditional banks. CIT is currently are paying 1.55percent which is unreal.

While this wont make you filthy rich, it will be a safer way to make consistent income and not lose your money since CIT FDIC insured.

 

 

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Once the initial task of creating the publication is done, selling books can be a great way to produce some severe residual income.

Once your book is available on a website like Amazon, you could get a check each month for doing absolutely nothing. Note that spending some time developing an effective marketing plan is essential. Evidently, the longer you spend marketing your publications, the more money youll make.

Do you have an extra room that you seldom use Why not rent it out to someone looking for a temporary rental on Airbnb.  Millions of people use Airbnb to find a place to stay instead of staying at a resort, sometimes even for months at a time.

You can hire a maid service to clean and prep the space following a guess leaves. This may eliminate work on your end and make it truly passive income. My friend Steve and his wife make over $1000 per month renting out their spare bedrooms.

 

 

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If you've got a site already then this is a no-brainer.  Some people are making over $50,000 per month like Michelle who teaches others how to make money online with her course Making Sense of Affiliate Marketing.

In case you dont have a web site, you can begin one for less than $3/month. Thats the cost for getting a site sponsor a company that stores your site on servers so that it can be seen on the Internet.   Click here to get special pricing of $2.95/month with Bluehost.

Affiliate marketing can be a terrific way to make passive income. That is because when folks click on the affiliate links on look these up your website, you are given a commission at no additional cost to them. All they have to do is purchase a service or product.

 

 

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Another way to make passive income is to create a lead generation site. Lead generation sites exist to give warnings to local businesses.

 

 

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Therefore, lets say you produced a lead generation website that focuses on real estate. Youd utilize the website to educate people about home ownership. Or, youd instruct them about property investing.

 

 

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Within the website youd have links in which people could contact you to learn more. When someone contacts you, you refer them to a real estate professional in their region.

 

 

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The actual estate professional would cover you for the lead. Its a hot lead and not a cold lead, so professionals are more willing to pay.

 

 

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You might also earn money by having advertisers on your site. Note that you would need to understand SEO (Search Engine Optimization) principles in order to make the site successful. Getting your site at the top of search engine pages will be critical for achievement.

 

 

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Did you know that you can sell your own products on Amazon and have them even ship the products for you I actually have a friend who has done really well with this he makes six figures per year selling his own products online.

You can earn check these guys out even more money by reference signing up using a distinctive rewards shopping website. You will find websites which will pay you every time you shop at certain online retailers.

 

 

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You simply download the sites browser extension and each time youre on an e-commerce website thats qualified for cash-back, youll receive a notification. I use a free website named Ebates, which will pay you $10 just for signing up.

With their double money back specials, then you can double your passive income earnings in the event the ideal items go on sale.

Again, your earning strategy goes out the window if you buy things you dont need simply to earn rewards. Just go on your shopping as usual, and potentially earn a nice cash bonus in the process.

 

 

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With the explosion of eCommerce, drop shipping has become extremely common.  Here's how it works: you create an online shop that offers goods from certain manufacturers.

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