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But another route to go is to get an income property only with the intention of renting it out. This can be even better if you live in a touristy area, because you can probably make even more than usual during the high tourist seasons. "Rental properties offer a source of passive income and the possibility of total appreciation of this house with tax advantages," Lou Cannataro, partner at Cannataro Park Avenue Financial, informs 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 assist manage their homes more so than men, especially single mothers who host (62 percent internationally ).

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

"The key is to maintain your spending rates the exact same and also pay your balance off in full at the end of each month. It's also important to pay your bill on time. This way, you're not paying interest or getting struck with any late fees, and any money you back earn is pure profit.

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Maybe you're that person who produces handmade greeting cards for friends and family. Or maybe making candles is more your thing. In any case may be, why not take your talent to Etsy or an online website, especially if you currently have a bunch of your merchandise already made"Create your own products and services," financial blogger and lifestyle coach Michael Tamez informs Bustle.

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

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

Also, chances are that other men and women want to know what you know. So whether you write an eBook on dating or advice on the best way to fix your auto, once you compose, self-publish the book, and let it go, it can sit on a site like Amazon and promote itself. Of course, you can market it, too, but that's another story! Some sites let you keep the majority of the earnings, while some do not.

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That's a big percentage. Writing a book is not easy, but once you invest in the time that it requires, you can benefit from the monetary benefits.5Use a High-Interest Savings AccountAshley Batz/BustleWhile a few people tend to use a savings account in the exact browse around this site same bank where they have their checking account, make sure it's a high-interest one, not simply a convenient one.

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

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"One caveat: When it is important to you to have a convenient, nearby branch or easy access to ATMs, your options will be restricted by where you live. "7Invest In Low-Cost Index Funds You probably already know that investing can result in earned money down the line. However, this is a friendly reminder of investing even in the event that you don't know anything about investing! Especially in low-cost 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 it's the thing that makes the most sense almost of time.' By not picking individual stocks and, instead, buying a low-cost fund that tracks the current market, you pay less in fees and require less of a risk.

Oftentimes, that person gets paid a commission when you do. If you've got a blog, the same can happen for you. It is a win-win-win for everyone involved you, the product that you're recommending, and the person who clicks on the link to acquire the product. Pat Flynn talks about this at length on his website, Smart Passive Income, where you can look what i found learn much more on the subject, aside from affiliate marketing.

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