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You can work your ass 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 where you dont need to do any more work once you put this up. That means consistent cash flow every month whether 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 be free from worrying about money and the only way that you could ever reach financial independence.

Im going to share 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 begin with the easy passive income thoughts, the ones which you can begin making money on immediately and will work through into the ones youll create the maximum money on as we go through the listing so be sure to stick around to catch those last couple of passive income strategies. .

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

Swagbucks is a get-paid-to site so you get paid to do things like take polls, play video games, watch videos and test out free product samples. Doing each of these, you earn points which are ordinarily convertible to one hundred points for a buck.

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

Now Ive been using Swagbucks for a little while and see have found that the money works out to just under $2 an hour this isnt something thats going to make you wealthy. Youd need 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 that you can take action when youre doing something else I flip through surveys and other stuff while Im cooking dinner or flipping channels. .

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

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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 site then click through one of those 4,000 retailers using a cash back program.

These are everything from Nike to Home Depot and you get from 3% to 25% cash back on anything you buy. Youre still shopping right on the merchants site so that you receive the rest of the discounts and deals they offer, you simply get an extra bonus for going through the TopCashBack site first. .

TopCashBack is a little better with the average money back around 6 percent 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 find the money back but its completely free my response money on the things you were going to buy anyway. .

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Our next passive income notion is blogging. Im not a huge fan of the term blogger because it sounds like youre just writing random notes on a site. In reality, owning your own piece of electronic property is big money.

I began my own sites in December 2014 and broke $5,000 per month just two years later. I dropped $5,500 through 2017 and thats not including side holiday work I did freelancing.

Blogging is still going to take work starting out. That route moved here to $5,000 per month didnt happen overnight but just like real estate development, it build an asset that now creates constant cash flow if I work or not. I receive over 30,000 visitors a month from Google search rankings, rankings that'll continue to send traffic even if I take a little time off. .