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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 some of them take a good deal of work.

Passive income is money you make from a product or an investment where you dont have to do any more work after you set it up. That means consistent cash flow every month whether youre working or not.

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Thats the only real way to financial freedom. Passive income is the only way you will ever be free of worrying about money and the only way you could ever reach financial independence.

Im going to discuss my seven favorite passive income resources, income streams I use to create money each month. Now Im not going to sugar coat this, some of them are going to take work but will mean thousands a month you can count on.

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Im going to begin with the simple passive income thoughts, the ones you can start making money on instantly and will work through to the ones youll make the maximum money on as we proceed through the list so make sure you stick around to catch those last few passive income plans. .

Our very first side hustle idea is with deal sites like Swagbucks and TopCashBack. Now these are actually two different kinds of passive income thoughts since theyre 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 surveys, play video games, watch movies and test out free product samples. Doing all them, you earn points which 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 benefits 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 need to operate 2,500 hours to make $5,000 so thats about three and a half months, non-stop. The thing with Swagbucks though is that you can take action when youre doing something else so I flip through polls and other things while Im cooking dinner or flipping channels. .

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

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 website then click through one of those 4,000 retailers with a money back program.

These are everything from link Nike to Home Depot and you get from 3% to 25% cash back on anything you purchase. Youre still shopping directly on the retailers site so that you receive the rest of the discounts and bargains they provide, you simply get an excess bonus for going via the TopCashBack site first. .

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

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