Prosper is another peer to peer lending company, similar to Lending Club, where borrowers can get unsecured loans and investors can fund them and earn a return. I prefer Lending Club simply because I’ve used them for so long. But Prosper is the second largest platform and also worth checking out. April 14, 2015 at 9:41 pm 27. Free-Lance Writing: If you really like writing blog posts, or just like writing in general about certain topics, you could always sell your services to people who need some good content.  You could offer your services on eLance or Freelancer.  Another place you could score writing deals are at the really popular sites like eHow, About.com, and Yahoo.  Sometimes offering to write for bigger blogs and publications can help build up your reputation which will then help you command better and better rates.  Learn more about writing content for blogs. October 2, 2013 at 8:59 am It’s easy to say do XYZ in hindsight, especially now that we are back to bull markets. But I’m just going to continue being methodical in my diversification, including building my online business. I’ve been researching a path to financial independence, and the wealth of knowledge here is amazing, but at times overwhelming. I’m honestly not quite sure where to start. Whether it be paying off debt (which I’ve always heard is priority 1), or sinking money into realtyshares or CDs for growth. I’d love to generate a passive income (in a few years time) to supplement some of my day job to have time to spend with my little one during her golden childhood years, but not sure if there’s even a right order to go about it. I make all my own websites and I try to get the website fully setup with 4 articles in under 1 hour. I love reading about passive income ideas and this is a good one that works. reasons why passive income is so importantwhy passive income is important 6 comments HELP US It’s harder than it sounds. You’ll need lots of high-quality content and numerous eyeballs to read it to generate income. So you need to create more eyeball traffic through promotion, building an audience, and collaborating with other bloggers. Earning money takes time. You can earn money through rebates for your personal or business purchases when you use a cash back credit card. This is considered as residual income, as you basically just have to do your shopping as you normally would to earn the rebates. These are the top six best cash back credit cards for 2016. Take note of the tips so you can maximize your rebates from each card and remember to spend only the amount that you can pay back in full. Have questions? Am I missing anything? Feel free to comment. If you have specialized knowledge in a certain topic, you can put together an online course to teach others. For example, if you have experience in real estate investing, you can create an online course “Real Estate Investing 101”. The benefit of an online course is that once you create the course material, you can sell it to as many people as you want.

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Social Media Marketing Tips Investors Shouldn't Ignore Find missing money using sites like MissingMoney, Where’s My Refund, TreasuryHunt, PBGC database, and GovBenefits.gov. vidhyashree paramasivam says: Audiobooks AudiobookStand 0 6. Blogging Teaching my expertise These are just two examples of the types of things you can resell to businesses (or people) in the real world. Continue reading > Yes, it really works. I acquired a house, spruced it up, rented it and it has been rented for Copyright From a financial perspective, blogs usually sell for 24 times their monthly income. So if the site generates $250 a month in income, you can likely buy it for no more than $6,000. Middle Class Millionaire says First I started an events company that fizzled but taught me a lot. The second attempt was real estate and has been lucrative and sustainable. But hard to fully automate with a high cost of capital needed to scale. Plus the real estate market is not diversified unless you’re in non-correlated economies plus it’s a bit too hot so I’m going to try B2B services. All while working full-time. Can’t wait to see what this third idea brings! My #1 Rated Program. See How... How to make passive income in real estate Tawcan on Craft A Better Life Than Your Parents Enter a promotion code or Gift Card On the plus side, great quality video content is relatively scarce, compared to text-based content. Also, people prefer watching a 5-minute video recipe, than reading a long set of instructions. The market is less competitive. If you have great video and editing skills, you should give it a try! Passive Income Opportunities Read Fit Small Business’ article explaining how to get an investment property loan for more information. Other Relevant Subreddits Please feel free to hit us with posts like this in the future! BlueShore Financial.com Copyright © 2009 - 2018 The College Investor The reason I consider dividends artificial and believe they don’t matter is because you can just as easily reinvest your dividends. If a stock is worth $100/share, I don’t care if it issues a $1/share dividend or if the share price instead increases to $101/share – either way, I have the same amount of money, because there’s no difference to my net worth whether I take the dividend or sell part of a stock. I’ve personally created sites that topped out around $1,000 per month in their prime! Can you imagine how cool it would be to have several sites generating that kind of revenue? As Featured On: December 5, 2017 How To Start An Online Business In 5 Simple Steps It took us a long time to decide how to invest our money. I have always been terrified of investing in the stock market as I am the worst gambler in history.  Then I discovered index investing and ETFs and I am converted. Last year my investments made a return of over 10%! Great point Daniel – completely agreed. Local Leaders October 4, 2013 at 11:03 am Jamaica Winship Updated 15 April 2018 Real estate is a path that many experts recommend. An investor by the name of Louis Glickman is credited with this quote: “The best investment on earth is earth.” And, of course, there are stats touting that 90% of all millionaires gained that status by owning real estate. I no longer have mountains of dirty laundry to do, which makes getting ready for work easier and when I get home, I am more motivated to continue to keep the place nice looking. Quizzes What to Do If You're Barely Scraping By What do you think? Harpreet Kumar on at 904.677.6777 Great List! Wanted your thoughts on REITs vs Rental Properties, I’m considering including REITs in my portfolio for passive income. Ben Recipes Peer-to-Peer Lending 101 Staying late at work? List your space. Have dinner plans? List your space. Going to a fitness class? List your space. creating passive income|Explore Now creating passive income|Explore Today creating passive income|Discover
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