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You can work your butt off to earn money but youll never get anywhere until you start making passive income. I make money on seven different income sources but a number of them take a lot of work.

Passive income is money you make from a solution or an investment in which you dont need 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 be free of 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 make money each month. Now Im not going to sugar coat this, a few of them are going to take work but may mean thousands per month you can count on.

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

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

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Swagbucks is a get-paid-to website so that 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 ordinarily convertible to one hundred points for a dollar.

Now this isnt something thats going to make you rich but you can earn some legit money for less than an hour of your time. Swagbucks consumers have redeemed over $344 million in benefits 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 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 about three and a half months, non-stop. The thing with Swagbucks however is that you can do it when youre doing something else so I flip through polls and other things while Im cooking dinner or even flipping channels. .

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

TopCashBack is an online shopping money back website where 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 using a cash back program.

All these are everything from Nike to Home Depot and you also get from 3% to 25% cash back on anything you purchase. Youre still shopping right on the merchants site so that you receive the rest of the discounts and bargains they offer, you simply get an excess bonus for going via the TopCashBack web site . .

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TopCashBack is somewhat better with the ordinary cash 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 have 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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