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If you own an excellent camera, then making money with your photography skills is attainable through sites like Shutterstock and iStockPhoto. These sites permit you to create an account and upload your own inventory of photographs in a matter of minutes.

Individual clients and businesses can purchase your stock pictures for their sites and marketing stuff. Simple stock photos, such as businessmen shaking hands or even a woman riding in a car, are sought after by many companies. To be most successful, youll want to upload photos monthly to consistently increase your portfolio.

With sites such as Wrapify and StickerRide, you can earn hundreds of dollars every month simply by driving around town. Youll need to put an advertisement on your car and drive a certain number of miles each month. If youre already on the road for work, traveling, or school, advertising allows you to earn additional money without any additional time commitment. .

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Owning property can earn you passive income for decades to come. Once you buy a duplex, house, or apartment building blog here as a rental property, youll earn a consistent monthly income with minimal job. Rent should pay for your mortgage, repairs, taxes, and other expenses. Youll continue to earn income by paying off your mortgage with the rent money and saving surplus rental income. .

You can manage the property yourself, which includes tasks like finding tenants, scheduling repairs, and maintaining the house, or youcan hire a property manager to take care of these responsibilities for you. If you the manage your property, youll see additional income, but youll have to invest more of your time. .

Turn your burning passions and daily musings into an entertaining audio series. Whether you want to discuss history, food, finance, or music, you can record and edit episodes from the comfort of your property. Once you've got a large set of listeners, you can earn money from podcast sponsorships, internet affiliate marketing, selling goods or eBooks, or crowdfunding.

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Establishing residual income allows you to accumulate wealth faster, have a more flexible lifestyle and maintain a diverse financial portfolio. Just like any successful investment, hard work is required. With residual income, however, that work tends to be upfront. Once your revenue stream is set up, the work and time involved is significantly lower than busy income resources.

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