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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 require a lot of work.

Passive income is money you make out of a product or an investment in which you dont have to do any more work after 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 you will be free from worrying about money and the only way you will ever reach financial independence.

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

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Im going to start with the simple passive income thoughts, the ones which look at here you can start making money on immediately and will work through to the ones youll create the maximum money on as we proceed through the list so make sure to stick around to catch those last few passive income strategies. .

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

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Swagbucks is a get-paid-to site so that you get paid to do things such as take surveys, play video games, watch videos and test out free product samples. Doing all these, 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 users have redeemed over $344 million in rewards for gift cards and Amazon rewards.

Now Ive been using Swagbucks for a 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 approximately three and a half months, non-stop. The thing with Swagbucks though is you can take action when youre doing something else I flip through surveys and other things whilst 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 distinctive offer so sign up here to snag your bonus cash.

TopCashBack is an online shopping money back website where you receive a percentage discount on anything you buy online. What you do is start at 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 anchor also get from 3% to 25% cash back on anything you look at this web-site buy. Youre still shopping right on the merchants site so you get all the other discounts and deals they offer, you just get an extra bonus for going through the TopCashBack site first. .

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TopCashBack is a little better with the average cash 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 need 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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