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TopCashBack is an online shopping money back site in which 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 with a money back program.
All these are everything from Nike to Home Depot and you get from 3 percent to 25% cash back on anything you purchase. Youre still shopping directly on the retailers site so that you receive all the other discounts and bargains they provide, you just get an additional bonus for going via the TopCashBack site . .
TopCashBack is a little better with the ordinary cash back around 6% 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 rich because you have to buy stuff to get the money back but its free money on the things you were going to buy anyway. .
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Our next passive income idea is blogging. Im not a huge fan of the term blogger because it sounds like youre just writing random notes on a website. In fact, owning your own piece of electronic real estate is big money.
I started my own sites in December 2014 and broke $5,000 per month just two decades later. I dropped $5,500 through 2017 and thats not including side hustle work I did freelancing.
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Blogging is still going to require work starting out. That route to $5,000 per month didnt happen overnight but just like real estate development, it build an asset that now creates constant cash flow if I work or not. I get over 30,000 visitors a month from Google search rankings, rankings that'll continue to send traffic even when I take a little time away. .
Now Im working on a video to talk about five secrets to starting a website that Ive learned within the previous four years from how to boost visitors to the easiest ways to earn money so make sure you subscribe to the channel so that you dont miss it when it comes out. .
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The biggest key to success in this passive income source though, is to just get started. There are variables like website age that play into getting ranked on Google and the sooner you begin, the better.
You can begin your website for less than $5 a month using Blue Host and spend only a few hours a week you can try these out to build it while you wait for it to start producing that income you can count on.
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Ill leave a link to a particular offer by Blue Host below. Dont wait until you need the excess cash to start your blog. I was making a grand a month off my websites within a year of launching so even if your blog isnt large enough to replace your work, a grand per month is still pretty nice for a mostly passive income source. .
I spoke about this next passive income notion in a recent video on the five investments that helped me make money while stocks were crashing. Remember that, back in February when the stock exchange plunged 10% within two weeks I came out ahead because I'd real estate crowdfunding and p2p lending to smooth out my portfolio. .
Want to get started in property investing Check out this movie where I reveal the four secrets I learned more than 20 years as a real estate investor. Four measures to take that will guarantee your success! See the movie here on YouTube.
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I began my professional career as a commercial real estate analyst and Ive managed my own rental properties so property has always had a special place in my portfolio. No other advantage has generated as much long-term prosperity as land.
There are a couple problems with direct investment in real estate though. Its expensive to buy even a single property, a minimum of tens of thousands of dollars, and theres no way most Recommended Reading investors can build a portfolio of different land types and in different regions to shield from these risks when you've got all of your money in only one or two investments. .
StREITwise provides a hybrid investment between traditional REIT fund investing and the new crowdfunding. The fund is click reference similar to a real estate investment trust in that it holds a collection of properties but more like crowdfunding in its management. The fund has paid a 10% annualized return since inception and is a great way to diversify your property exposure. .
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The stREITwise 1st stREIT Office REIT invests in high-quality office properties and as of the date of the video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals who have acquired or managed over $5.4 billion in land and across all real estate types.