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But another route to go is to get an income property only with the intention of renting it out. This is even better if you reside in a touristy place, since you can probably make even greater than normal during the high tourist seasons. "Rental properties provide a source of passive income and the possibility of total appreciation of the house with tax advantages," Lou Cannataro, partner at Cannataro Park Avenue Financial, tells Bustle.

Rental properties can provide that constant income (people always need somewhere to live) that is not directly tied to the market and one cannot outlive. "In fact, according to Airbnb, women hosts are using their Airbnb income to help manage their homes more than men, especially single mothers who sponsor (62 percent globally).

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And, since Airbnb launched in 2008, women Airbnb hosts have earned over $10 billion through the platform. 2Use A Cash-Back Credit Cardchikamilan/FotoliaWhen you go shopping, do you use cash, your debit card, or even a charge card Instead, why not use a credit card charge card and make money at the same time you shop It sounds contradictory, however Goudreau elaborates.

"The key is to keep your spending charges the same and also pay your balance off in full at the end of every month. It's also important to cover your invoice on time. This way, you are not paying interest or getting struck with any late penalties, and any money back you earn is pure profit.

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Maybe you're that person who creates handmade greeting cards for friends and loved ones. Or maybe making candles is more your thing. Whatever the case might be, why not take your talent to Etsy or an online site, especially if you already have a bunch of your merchandise already made"Make your own products and services," financial blogger and lifestyle coach Michael Tamez tells Bustle.

However, your individuality can never be replaced! I encourage you to explore your creative talents and skills more. What are you good at How can you monetize that talent and perhaps even build a business out of it Perhaps you have experienced something extraordinary in life, and because of it, have tons of knowledge and knowledge to share...

Essentially, you bust your ass once and get compensated for the remainder of your life even when you're sitting on the beach, sipping coconut rum. Just remember that: When you invest in your own creative abilities, you eventually become irreplaceable!" 4Write An eBookHannah Burton/BustleOK, I know what you are thinking maybe you are not a writer.

Additionally, chances are that other people want to know what you know. So if you write an eBook on dating or advice on how to restore your auto, once you write, self-publish the publication, and let it go, it can sit on a site like Amazon and sell itself. Obviously, you can market it, too, but that is another story! Some sites let you keep most of the earnings, while others do not.

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That is Click Here a big percentage. Writing a novel is not easy, but once you invest in the time that it takes, you can reap the monetary benefits.5Use a High-Interest Savings AccountAshley Batz/BustleWhile a few people today tend to use a savings account at the exact same bank where they have their checking account, make sure it's a high-interest one, not just a convenient one.

"While many traditional banks provide as few as 0.1percent interest on savings, online banks tend to offer higher continue reading this interest rates. By switching into an account that offers 1% interest or longer, you'd be making 10 times as much by simply moving the money" 6Use A High-Yield Checking Accountmichael spring/FotoliaAlong exactly the same lines of using a high-interest savings account, another easy way to create and have more money is by using a high-yield checking account.

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"One caveat: If it's important to you to have a convenient, nearby branch or easy access to ATMs, your options will be limited by where you live. "7Invest In Low-Cost Index Funds You probably already know that investing can result in earned money down the line. Nonetheless, this really is a friendly reminder of investing even in the event that you don't know anything about investing! Especially in cheap index funds.

"As legendary investor Warren Buffett recently told CNBCs On the Money,'Consistently buy an S&P 500 low-cost index fund. I think that it's the thing that makes the most sense almost of time.' By not picking individual stocks and, instead, buying a low-cost fund which tracks the market, you pay less in fees and take less of a risk.

Oftentimes, that person gets paid a commission when you do. In case you've got a site, the same can happen for you. It's a win-win-win for everyone involved you, the product you're recommending, and Get More Information the person who clicks on the link to get the product. Pat Flynn talks about this at length on his site, Smart Passive Income, where you can learn much more on the subject, aside from affiliate marketing.

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