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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 take a good deal of work.

Passive income is money you earn from a product or an investment where you dont need to do any more work after you put this up. That means consistent cash flow each month if youre working or not.

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

Im going to discuss 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 which you can begin making money on immediately and will work through to the ones youll create the most money on as we go through the listing so make sure to stick around to grab those last couple of passive income strategies. .

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

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Swagbucks is a get-paid-to website so you get paid to do things like take polls, play video games, watch movies and test out free product samples. Doing all them, you earn points which are usually convertible to one hundred points for a buck.

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 users have redeemed over $344 million in rewards for gift cards and Amazon rewards.

Now Ive been using Swagbucks for a little while and have found that the money works out to just go right here under $2 an hour so this isnt something thats going to make you rich. Youd have 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 you can do it when youre doing something else so I flip through surveys and other things whilst Im cooking dinner or even flipping channels. .

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Swagbucks is offering a $5 cash bonus just for signing up through their distinctive offer so sign up here to snag your bonus money.

TopCashBack is an online shopping money back website in which you receive a percentage discount on anything you buy online. Everything you do is start in the TopCashBack website their explanation then click check out here 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 buy. Youre still shopping directly on the retailers website so that you receive the rest of the discounts and bargains they provide, you just get an extra bonus for going through the TopCashBack web site first. .

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TopCashBack is a little better with the average cash back around 6% of your purchase so in the event that 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 money back but its completely free money on the things you were going to buy anyway. .

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