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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 require a good deal of work.

Passive income is money you earn from a solution or an investment in which you dont have to do any more work once you set it 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 be free of worrying about money and the only way you could ever reach financial independence.

Im going to share my seven favorite passive income sources, income flows I use to create money every month. Now Im not going to sugar coat this, some of these are going to take work but may mean thousands a month you can count on.

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Im going to start with the simple passive income ideas, the ones you can begin making money on immediately and will work through into the ones youll make the most money on as we proceed through the list so be sure to stick around to catch those last few passive income strategies. .

Our first facet hustle idea is with bargain sites 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 site basics so that you get paid to do things such as take polls, play video games, watch videos and try out free product samples. Doing all them, you earn points that 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 the 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 wealthy. Youd have to operate 2,500 hours to make $5,000 so thats about three and a half months, non-stop. The additional resources thing with Swagbucks though is you can take action when youre doing something else so I flip through surveys and other stuff 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 distinctive offer so sign up here to snag your bonus money.

TopCashBack is an online shopping cash back website in which you get a percentage discount on anything you buy online. Everything you do is start in the TopCashBack site 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 get from 3% to 25% cash back on anything you buy. Youre still shopping right on the retailers site so that you receive all the other discounts and bargains they provide, you simply get an excess bonus for going through the TopCashBack site first. .

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TopCashBack is somewhat better with the ordinary money back around 6% 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 because you need to buy things to find the money back but its free money on the things you were going to buy anyway. .

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