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One approach to boost your debt payoff would be to decrease your interest rate. In case you have high-interest debt that you want to find a lower interest rate on, check out Credible, which features loan amounts as low as 4.99% to refinancing your credit card debt.

Are you looking for a low-risk method to make passive income Then look at 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 1.55percent that's unreal.

Although this wont make you filthy rich, it'll be a safer way to make consistent income and not lose your money since CIT FDIC insured.

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Once the initial work of creating the publication is done, selling novels can be a great method to produce some serious residual income.

Once your book is available on a site like Amazon, you could get a check every month for doing absolutely nothing. Note that spending some time developing an effective marketing plan is vital. Obviously, the longer you spend marketing your publications, the more money youll make.

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 at a hotel, sometimes even for months at a time.

You can hire a maid service to clean and prep the room after a guess leaves. This will 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 bedrooms.

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If you have a site already then this really is a no-brainer.  Some people are making over $50,000 a month just like Michelle who teaches others how to earn money online with her course Making Sense of Affiliate Marketing.

In case you dont have a web site, you can start one for less than $3/month. Thats the cost for getting a site host a company that stores your site on servers so it can be seen on the Internet.   Click here to get special Web Site pricing of $2.95/month using Bluehost.

Affiliate marketing can be a great way to make passive income. That is because when folks click on the affiliate links see on your website, you receive a commission at no additional cost . All they need to do is purchase a product or service.

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Another way to produce passive income is to make a lead generation site. Lead generation sites exist to give warnings to local businesses.

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Therefore, lets say you created a lead generation site which focuses on real estate. Youd utilize the site in order to educate individuals about home ownership. Or, youd educate them about real estate investing.

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Within the site youd have links in which individuals could contact you to learn more. When someone contacts you, you refer them to some real estate professional in their area.

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The real estate professional would pay you to the lead. Its a warm lead and not a cold encounter, so professionals would be more willing to pay.

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You could also earn money by having advertisers on your site. Note that you may need to understand SEO (Search Engine Optimization) rules in order to make the site successful. Getting your website at the top of search engine pages will be vital for success.

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Did you know that you can sell your find out here now own products on Amazon and have them even send the goods for you I really have a friend who's done really well with this he makes six figures per year selling his own products online.

You can earn even more money by signing up using a special rewards shopping site. You will find sites that will pay you every time you shop at certain online retailers.

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You just download the sites browser extension and each time youre on an e-commerce site thats qualified for cash-back, youll receive a notification. I use a free site named Ebates, which will pay you $10 just for signing up.

Using their double money back specials, then you can double your passive income earnings in the event the ideal items go on sale.

Again, your earning plan goes out the window if you purchase things you dont need just to earn rewards. Just go on your shopping as normal, and potentially earn a nice cash bonus in the process.

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With the explosion of eCommerce, drop shipping has become extremely popular.  Here's how it works: you make an online store that offers goods from certain manufacturers.

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