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Insight & Opinion

Effective Passive income ideas

Author: Luke

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Passive income is what many people desire so they are free from financial restraints to do what they want when they want to.

Generating passive income is easier said than done but if you are determined with some knowledge, knowhow and desire to succeed to can achieve it.

This infographic lists the most effective and proven passive income ideas and methods.

Take a look at the graphic to get some inspiration and work out what passive income idea or ideas would suit you best.

At the bottom I will provide you with links to top resources to get you started on the right path to financial freedom.

passive income ideas

Top Resources

Looking to get a mobile App, game, or software created then check out a very cost effective off the shelf App maker called Appy Pie http://www.appypie.com/.

Interested in Dropshipping then check out ‘The Ultimate Guide to Dropshipping’ on shopify https://www.shopify.co.uk/guides/dropshipping/understanding-dropshipping.

Do you have a creative flair then you have to check out Red Bubble & Cafe Press. You can upload your designs for t-shirts, Home décor, stationary and other cool products and get paid commission every time someone purchases an item with one of your designs on.

Got an eye for photography then why not upload some of your picture to a stock website, here is some information on iStockphoto http://www.istockphoto.com/sell-stock-photos.php

Affiliate marketing is a method of choice for many budding online entrepreneurs, you can build websites, how to guides, and or publish articles about what you are passionate or knowledgeable about and link to products and service that pay you commissions. Here is a very good podcast to get you started. http://rainmaker.fm/audio/lede/affiliate-marketing-beginner/

Passive Income Investing

For a more detailed article including a summary of the more popular passive income investing methods check our our feature length article passive income ideas

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