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One approach to speed up your debt payoff is to decrease your interest rate. If you've got high-interest debt that you want to get a lower interest rate on, have a look at Credible, which features loan rates as low as 4.99% for refinancing your credit card debt.
Are you looking for a low-risk way to make passive income Then consider opening a high-yield savings account with an online bank such as CIT Bank that pays 19 times greater than traditional banks. CIT is currently are paying 1.55% that's unreal.
Although this wont make you filthy rich, it'll be a safer way to create consistent income and not lose your money since CIT FDIC insured.
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Once the initial task of creating the book is done, selling books can be a great way to produce some serious residual income.
Once your book can be found on a website like Amazon, you could receive a check each month for doing nothing. Note that spending some time developing an effective marketing plan is vital. Obviously, the more time you spend marketing your publications, the more money youll earn.
Do you have an extra room which you rarely use Why not rent it out to someone looking for a short-term rental on Airbnb. Millions of people use Airbnb to find somewhere to stay instead of staying in a hotel, sometimes even for months at a time.
You can hire a maid service to clean and prep the space following a suspect leaves. This may eliminate work on your end and make it truly passive income. My friend Steve and his wife make over $1000 a month renting out their spare bedrooms.
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In case you have a site already then this is a no-brainer. Some people are making over $50,000 a month like Michelle who teaches others how to earn money online with her class Making Sense of Affiliate Marketing.
If you dont have a web site, you can begin one for less than $3/month. Thats the price for getting a site host a company that stores your site on servers so it can be viewed on the Internet.  Click here to get special pricing of $2.95/month using Bluehost.
Affiliate marketing can be a terrific way to produce passive income. This is because when folks click on the affiliate links on your site, you receive a navigate to these guys commission at no additional cost to them. All they need to do is purchase a product or service.
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So, lets say you produced a lead generation site that focuses on property. Youd use the website in order to educate people about home ownership. Or, youd instruct them about real estate investing.
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The real estate professional would cover you to the lead. Its a hot lead and not a cold encounter, so professionals would be more willing to pay.
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Did you know you can sell your own products on Amazon and have them even ship the goods for you I really have a friend who's done very well with this he makes six figures per year selling address his own products online.
You can earn even more money by signing up using a distinctive rewards shopping website. You will find websites that will pay you every time you shop at certain online retailers.
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You simply download the sites browser extension and every time youre on an e-commerce website thats eligible for cash-back, youll receive a notification. I use a free site called Ebates, which will cover you $10 just for signing up.
Using their double money back specials, then you can visit here double your passive income earnings if the right items go on sale.
Again, your earning strategy goes out the window if you purchase things you dont need just to earn rewards. Just go about your shopping as usual, and potentially earn a nice cash bonus in the procedure.
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With the explosion of eCommerce, drop shipping has become extremely popular. Here's how it works: you create an online shop that offers products from certain manufacturers.