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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 some of them take a lot of work.

Passive income is money you make from a solution or an investment in which you dont have to do any more work after you set it up. That means consistent cash flow every month if youre working or not.

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Thats the only real way to financial freedom. Passive income is the only way that you will ever be free of worrying about money and the only way you could ever reach financial independence.

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Im going to share my seven popular passive income resources, income streams I use to create money each month. Now Im not going to sugar coat this, some of these are going to take work but will mean thousands per month you can count on.

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Im going to start with the simple passive income thoughts, the ones you can begin making money on immediately and will work through into the ones youll make the most money on as we go through the listing so make sure to stick around to catch those last few passive income plans. .

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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 ideas because theyre different types of websites.

Swagbucks is a get-paid-to site so 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 discover this which are ordinarily 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 like this legit money for less than an hour of your time. Swagbucks users 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 so this isnt something thats going to make you wealthy. 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 you can take action when youre doing something else so I flip through surveys and other stuff whilst Im cooking dinner or 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 cash back site in which 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 percent to 25% cash back on anything you buy. Youre still shopping right on the merchants website so you receive the rest of the discounts and deals they provide, you simply get an additional bonus for going through the TopCashBack site . .

TopCashBack is a little better with the average money 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 rich as you need to buy things to find 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 like youre just writing random notes on a website. In fact, owning your own piece of electronic real estate is big money.

I began my own websites in December 2014 and broke $5,000 per month just a couple of decades 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 path to $5,000 a 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 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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