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You can work your butt off to make 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 out of a solution or an investment where you dont have to do any more work after you set 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 that 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 favorite passive income sources, income streams I use to make money each month. Now Im not going to sugar coat this, some of them are going to take work but may mean thousands per month you can count on.

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

Our very first side hustle idea is with bargain websites like Swagbucks and TopCashBack. Now these are actually two different kinds of passive income ideas since theyre more info here different kinds of sites.

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Swagbucks is a get-paid-to site so that you get paid to do things like take polls, play video games, watch videos and test out free product samples. Doing all them, you earn points that are usually 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 rewards for gift cards and Amazon rewards.

Now Ive been using Swagbucks for a little while and have found the money works out to just under $2 an hour so this isnt something thats going to make you rich. 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 though is you can take action when youre doing something else so I flip through polls and other things whilst Im cooking dinner or 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 get a percentage discount on anything you buy online. What you do is start at the TopCashBack site then click through one of those 4,000 retailers using a money back program.

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 directly on the merchants site so you receive the rest of the discounts and deals they offer, you simply get an extra bonus for going via the TopCashBack web site . .

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TopCashBack is a little better with the click for info ordinary cash back around 6% of your purchase so in the event that you spend $1,000 online youre going for $60 back. Again, not something thats going to make you wealthy because you have to buy stuff to get the money back but its free money on the things you were going to buy anyway. .

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