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If you own a quality camera, making money with your photography skills is attainable through websites like Shutterstock and iStockPhoto. These websites allow you to make an account and upload your inventory of photos in a couple of minutes.

Individual customers and businesses can purchase your stock images for their websites and marketing stuff. Simple stock photos, such as businessmen shaking hands along with a woman riding in a car, are sought after by many companies. To be successful, youll want to upload photos monthly to consistently grow your portfolio.

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

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Owning property can earn you passive income for decades to come. Once you purchase a duplex, house, or apartment building as a rental house, youll earn a consistent monthly income with minimal job. Rent should cover 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 , which includes jobs like finding tenants, scheduling fixes, and maintaining the house, or youcan hire a property manager to take care of these responsibilities for you. In case that site you the manage your property, youll see more income, but youll also have to invest more of your time. .

Turn your burning passions and everyday musings into an entertaining audio series. Whether or not you want to talk about history, food, finance, or audio, you also can record and edit episodes in the comfort of your property. Once you have a large group of listeners, you can earn money from podcast sponsorships, affiliate marketing, selling goods or eBooks, or crowdfunding.

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Establishing residual income permits you to accumulate wealth faster, have a more flexible lifestyle and maintain a varied financial portfolio. Just company website like any successful investment, hard work is required. With residual income, however, that function 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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Sources: Investopedia website here Investopedia Lifehack CNBC Investopedia Inc Forbes  Entrepreneur Entrepreneur

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