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One way to boost your debt payoff would be to lower your interest rate. In case you have high-interest debt that you want to get a lower interest rate on, check out Credible, which offers loan rates 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 1.55% which is unreal.

While 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 task of creating the publication is done, selling books can be a fantastic way to create some severe residual income.

Once your book can be found on a site like Amazon, you could receive a check each month for doing nothing. Note that spending some time developing an effective marketing plan is essential. Obviously, the more time you spend marketing your books, the more money youll earn.

Have you got an extra room which you rarely use Why not rent it out to someone looking for a temporary 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 following a guess leaves. This may eliminate work on your end and make it truly passive income. My friend Steve and his wife make over $1000 per month renting out their spare bedrooms.

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If you've got a website already then this is a no-brainer.  Some folks are making over $50,000 per month just like Michelle who teaches others how to make money online with her class Making Sense of Affiliate Marketing.

In case you look at this website dont have a website, 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 that it can be viewed on the Internet.   Click here to find special pricing of $2.95/month with Bluehost.

Affiliate marketing can be a terrific way to make passive income. This is because when people click on the affiliate links on your site, you are given a commission at no additional cost . All they have to do is purchase a service or product.

Another way to produce passive income is to make a lead generation website. Lead generation websites exist to give referrals to local businesses.

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Therefore, lets say you created a lead generation website which focuses on property. Youd utilize the website in order to educate individuals about home ownership. Or, youd instruct them about property Get More Information investing.

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

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The actual estate professional would pay you for the lead. Its a hot lead and not a cold lead, so professionals would be more willing to pay.

You could also make money by having advertisers on your website. Note that you would have to understand SEO (Search Engine Optimization) principles in order to make the site successful. Getting your website near the top of search engine pages will be critical to achievement.

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

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

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

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

Again, your earning strategy goes out the window if you buy things you dont need simply to earn rewards. Just go about your shopping as usual, 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 provides products from certain manufacturers.