Real-estate crowdfunding ($9,600 a year): Once I sold my SF rental, it was natural to reinvest some of the proceeds into real-estate crowdfunding to keep sector exposure. I didn't invest a lot in some of my favorite real-estate investment trusts because I felt a rising interest-rate environment would be a stronger headwind for REITs. But if I could be more surgical with my real-estate investments by identifying specific investments in stronger employment-growth markets, I thought I could do better.
I wish I had more time to put into real estate. Given the run up since 2012, I may even be interested in selling my condo that I currently rent out. I need to get it appraised to really see what it’s worth, but I think conservatively it’s gone up ~50%, although rent is probably only up ~10% or so. I am bullish on rents going up in the future… mostly in line with inflation, or perhaps even slightly faster due to constricted credit and personal income growth which should provide a solid supply of renters. At this point, I just don’t want to manage the property. I’ll probably look into a property manager as my time is likely worth turning it into a nearly passive investment.
Sometimes the best side hustle is putting in the time to get a better job. Investing in your career can have profound effects and help your earnings increase exponentially over time. Maybe one day you'll earn so much at your day job, you won't need a side hustle! I recommend browsing job boards like ZipRecruiter or even checking out a company like Pathrise. In their program, you will learn the all secrets from industry experts, armed with proprietary tools and data, to land a higher paying job and make more money.
I do agree that a few of these ideas are not bad, but for me the problem with some of these platforms has been that I’m not from the USA. So, I can’t operate there. It’s a really interesting possibility to get some extra bucks from doing what you would do either way, like shopping. One of the best projects so far that I have seen is FluzFluz. It’s simple and really easy to use for everyone who uses Uber, Amazo, or other apps. The best part of all is that you can get some passive income – not just from your own purchases, but from other people’s as well. I hope one day it will make it here to your list. I think it’s worth it to check out.

I have been really disappointed with the survey gig. They underestimate the time they take to complete by like a third and often I find myself spending 10 minutes in what seems like a survey only to find out it’s a pre-survey qualifier, where it feels like I’m giving them so much personal information that I ought to be paid, but at the end of it I’m told I don’t qualify but the award like the equivalent of a penny or two to thank you for your time.

I had to get out. I actually had this random Facebook ad come up in my news feed (go figure) and it eventually led me to a webinar that taught on how to start an email marketing business (which is, by the way, the most profitable form of affiliate marketing – or ANY marketing for that matter). I listened through the whole 2 hours, completely mesmerized. By the end of it, I knew what I was going to be focusing on to help my family out of the pit of debt we were in and into a world free of financial stress. I didn’t know if it would actually work, but eventually it lead to EXCESS income!


That is a nice list of passive income sources. Actually, the most up-to-date list of dividend growth stocks is the list of dividend champions, maintained by Dave Fish. The list of dividend aristocrats is incomplete at best. For example, the dividend champions list has over 100 companies that have managed to increase dividends each year for at least 25 years in a row. The list of dividend aristocrats has no more than 50 – 60.
Most of us are guilty of hanging onto things that we never use, myself included. Take a day and go through all your old stuff and get rid of some of it! One tool that is really helpful for this is Decluttr. You can enter your items barcodes into their valuation engine and they’ll give you an instant offer. Then you simply pack all your items into a box and ship them off for free.
Websites such as Upwork, Fiverr and Freelancer offer opportunities to do a variety of freelance jobs, such as writing, programming, design, marketing, data entry and being a virtual assistant. Fluent in a second language? Check sites such as Gengo or One Hour Translation, or drum up business through a site of your own. No matter what kind of freelancing you do, keep track of the going rate for the kind of work you provide so you know if you’re charging too much or too little. Learn how to get started on Upwork.
You can make extra income by becoming a virtual assistant. This is something that I started doing after I created my blog. It doesn’t comprise a LARGE percentage of my extra income, but it is there. I like to be diversified just in case anything does happen to one of my other extra income streams (yes I realize that I am not fully diversified because a lot of my extra income is earned online – just in different ways).
To help you weed through all the sites out there, we’ve actually written an article all about survey sites to teach you the ins and outs and give you several sites to get started with.  We’ve actually vetted these sites and know that they’re the good ones.  So if that’s something that interests you, I encourage you to read this article and get started making some extra cash today with no startup cost.
Getting a raise is an excellent move because it doesn’t require you to trade more time for more money. You are putting in the same amount of time, but pulling a bigger paycheck. But, it’s always a bit tricky to ask for a raise when your company already has you at your current salary. You’ve got to make a strong argument you deserve the increase. Here are the top 10 mistakes to avoid when asking for a raise.
If you know anything well, a place, how to fix something, how to make something, how to do something, you can write a guide for it. You can sell your guide as an e-book, offer it as a download for a fee on your site or reach out to bloggers with similar content and ask if they will offer it as a paid download on their website (for a price of course).
If you design a wildly popular app (which is harder than it sounds), you might be pleasantly surprised with the income they generate. Offering one or more apps at the iTunes or Android app store gives your creations wide exposure to prospects. And income can be generated by charging for the app, displaying in-app ads, or charging for in-app features and upgrades.
White labeling products involve purchasing pre-made products from a supplier and then adding your own labeling and branding. Products could range from candles to gym equipment or even tea, but all will come without labels, allowing you to create your own new range of merchandise. Most suppliers will advertise the fact they offer white labeled goods on their websites, so pick your niche and then find the right supplier and product for you. Once labeled, products can be sold via sites like eBay and Amazon, or from your own eCommerce store (discussed in a moment).
Pretty self-explanatory. You can start making money playing with dogs today using Rover. Rover lets you set your prices so you can charge fair rates for your services. In addition to walking, you can also offer doggy daycare, house sitting, and boarding through Rover. If you’d rather start your own thing, check out The Balance’s How to Start a Dog Walking Business.

Even if it’s a mundane task like walking dogs, you could start the next (or only) full-service dog walking and grooming service in your town, where dog owners rave over your business and always refer you to others. You can hire other dog walkers as you grow, and turn your side hustle into a sustainable enterprise. You just have to do the work, and do it well.
“The process is pretty straightforward: You fill out a questionnaire (either online or over the phone since sometimes they call you if they need to fill open slots) and if you qualify for the taste test you simply pick one of the available time slots,” Chelsea says. “You never know which fast food/restaurant you’re going to be tasting until you arrive and begin the taste test.”
Domain name trading has been around for the last couple decades, and while most slam-dunk names have long been sold off, there’s still plenty of others that you can get your hands on for relatively cheap and broker as a way to make money online. Before you dive in, however, beware that some experts doubt the long-term viability of this idea for making money online. However, there’s always the change you might just land on a lucrative domain name for a future billion-dollar company. To get you started, here are some tips from GoDaddy, arguably the world’s largest and most famous repository of domain names.

Etsy is the most popular online marketplace for handmade goods and crafts. From bracelets to phone cases, rings, furniture, and more, Etsy is perfect for anyone who is creative and wants to sell their handmade creations. As long as you have the space, this can make for one of the best ways to make money online that can be started with a very limited investment. Consider these 5 steps to starting an Etsy store, from Handmadeology.
If you want to clear some space out in your house and have a big stack of books you’ve been holding onto for too long, you can make money selling your books and textbooks online. Stores like Half Priced Books and others will give you cents on the dollar for each of your current books while you can check what your book is worth by simply entering the ISBN number on Book Scouter.
And while you're at it, why not help name the business itself? Believe it or not, you can make money by submitting business name ideas. There's a company called Squadhelp that bridges creative minds all over the world with business owners, to come up with the best name possible. PT Money hasn't tried the the product ourselves, but apparently there's a decent chunk of change to be made! Check out Squadhelp

Sell stuff online. If you have high-quality items to sell, there are a slew of online marketplaces you can use. Just make sure you understand the fees associated with your sale before you take the plunge. Where neighborhood Facebook pages and Craigslist ads are free, many online marketplaces or consignment shops charge for ads or require you to fork over a percentage when you make a sale.
This isn’t quick money, but you can make decent money with a little luck and solid, consistent effort. Believe me, it can be tough and a bit time consuming, but it can be done. I started PT Money in 2007 and since then the site has grown considerably, now viewed more than 200,000 times per month. The key to blogging is to have a long-term goal of making extra money in mind. You can get started by reading my article on how to make money blogging.
If you’re serious about making money selling things online, it’s pretty much impossible to not recommend Shopify. The platform gives you everything you need to get your online store up and running in less than a day including a custom domain, beautiful templates (so you don’t need design skills), secure payment options, and they can even take care of marketing and shipping for you. Whether you’re promoting your own products, designs, or curating other products for people in your niche, Shopify is the best option for powering your online store.
You can create your blog using a free platform from WordPress.org, but you’ll need to pay a small amount – as little as $4 per month – to have your blog hosted. Try GoDaddy.com, which can provide a domain name for your site, email addresses, database storage and other Web hosting services. To make money, you can use the free Google AdSense service to display advertisements on your site. The amount you’re paid varies by ad and usually depends on how many people see it. There's also what's called affiliate marketing, in which you earn a commission (usually less than 10%) whenever someone clicks on an ad on your site and purchases a product. The Amazon Associates affiliate program allows you to advertise the retailer’s products on your site, or try affiliate networks such as CJ Affiliate or ShareASale that work with thousands of companies. Depending on how much time you put into your blog and how many people visit it, you could be making a few hundred dollars each month within a year.
One of the most beautiful and exciting qualities about blogging is that you can create a blog that deals with any subject area that you are either knowledgeable or passionate about (and preferably both!). You can write about personal finance, careers, real estate, getting into business, technology, cooking, travel, personal health, or just about any topic you choose.
Im wanting to invest in some sort of real estate investment, to make a passive income and starting with 300 to 1k but im wanting to start making money, like at least 400 to 700 a month and i know there’s 100s of ways to make money, in real estate. But can you please suggest a real estate investment, for beginners and where i could starting earning at least 500 a month, as that’s got to be something and im not looking for yearly income?!
​Self Publishing is mainstream today. When you purchase an eBook off of Amazon there’s a pretty good chance you’re buying a self-published book. Self-publishing is also ridiculously easy. I tried this a few years ago and couldn’t believe how simple the process was. To self-publish a book you’ll first need to write and edit it, create a cover, and then upload to a program such as Amazon’s Kindle Direct Publishing. Don’t expect instant success though. There will need to be a lot of upfront marketing before you can turn this into a passive income stream.
There are hundreds, if not thousands, of websites offering users the ability to get paid for taking surveys online. Same as with Cashback sites, if you encounter a survey site where sign up if not free, simply avoid it. I have not checked it myself, but a few online entrepreneurs suggest trying toluna.com. Also, you might want to try Cash Crate - In addition to getting paid for taking surveys, they offer cachbacks and other quick online income perks.
Upromise puts money in your kids college funds while you do your normal spending. Yes, it's another way to make extra money or to use your own money for other goals since you're not having to save as much for your kids college. Just remember to make wise decisions with your spending. You're not spending so your kids can go to college. The Upromise contribution is a side-benefit to spending on items already in your plan.
John has a daily (yes, daily) podcast where he features an interview with a successful entrepreneur. Now, John enjoys many hundreds of thousands of downloads per month, he’s written a book, has products and has opened up a ton of opportunities for sponsorships and partnerships that wouldn’t have come otherwise. He’s not the first person to have a show dedicated to interviewing rock star entrepreneurs—not even close—but he’s definitely the fastest to see these kinds of results.
Being a food delivery driver is back in style! People all over the country are signing up to do it. Two companies are dominating the space: DoorDash and UberEats. How it works is easy: When a person places a food delivery order from a local restaurant, the restaurant notifies DoorDash or UberEats (whichever one they use) that they need a driver to pick up and deliver the food to the customer. As the driver, you get a notification that a delivery is waiting and you can choose to go pick up and deliver the food (specific instructions on where to go, etc. included). DoorDash pays a minimum of $10/hour but says drivers can earn $25/hour on average. I've read from various sources that UberEats drivers make between $10-$12/hour after accounting for expenses. I recommend looking into it yourself. Click here to read about DoorDash, or here to read up on UberEats.
I’ve never invested in real estate (except to live in), but am always intrigued by communities like FS who seem to have such a passion for it. My intrigue stems back to my earlier comments that the long term trends in appreciation in real estate are simply not very competitive versus equities, despite what Robert Kiyosaki had to say in his book, Rich Dad, Poor Dad.
Set up a roadside stand. Depending on where you live, you could profit handsomely by setting up a roadside stand. If you live near a resort area, for example, you could buy cases of bottled water, put them on ice, and sell them to passers by for twice what you paid. Selling fruit and produce you grow yourself is also a smart idea in highly-traveled areas.
If you offer freelance services or have a physical services business, then creating a blog is a must. On your blog, you can write about the services you offer and how they will benefit your clients. Importantly you can add a ‘Services’ page, outlining the services you provide, what they include, and any other important information potential clients may need. This is an effective way to promote your services, generate leads, and increase your revenue.
What is refer-a-friend? Essentially, you make money for using a service and telling others how great it is. Most of the times, you’ll get a unique link that you can share with friends directly or throughout social media. Whenever anybody clicks your link and signs up and/or makes a purchase, you’ll get a bonus. The bonus can be in the form of cold hard cash or an account credit.
Using the money you already have to make more money is usually a pretty smart move. A service like Lending Club is a great way to act as a lender and earn interest on your money. Essentially, you act as the bank, which is pretty neat. Lending Club is the world’s largest online credit marketplace connecting borrowers and investors. Definitely something worth looking into!

Blogging is something that requires patience, persistence and discipline. It may mean writing everyday for over a year before you really start to see any money from it. There are exceptions to the rule, but from my dealings with other bloggers, it seems to be pretty common to spend one or even two years building your blog, your brand and your authority, before making any serious amount of money.
My returns are based on full cash purchase of the properties, as it is hard to compare the attractiveness of properties at different price ranges when only calculating down payment or properties that need very little rehab/updates. I did think about the scores assigned to each factor, but I believe tax deductions are a SIGNIFICANT factor when comparing passive income steams.
I also noticed that in your passive income chart at the bottom that you don’t include your internet income other than sales from your book. Is there a reason for that? Do you not consider is passive because you are actively blogging all the time to create it? Or do you just not want readers to know how much money you generate from blogging activities?

Our team at Student Loan Hero works hard to find and recommend products and services that we believe are of high quality and will make a positive impact in your life. We sometimes earn a sales commission or advertising fee when recommending various products and services to you. Similar to when you are being sold any product or service, be sure to read the fine print understand what you are buying, and consult a licensed professional if you have any concerns. Student Loan Hero is not a lender or investment advisor. We are not involved in the loan approval or investment process, nor do we make credit or investment related decisions. The rates and terms listed on our website are estimates and are subject to change at any time. Please do your homework and let us know if you have any questions or concerns.


While you play, the app works in the background and transfers small sums from your checking account into a high-yield Blast savings account based on “triggers” you set — things like the number of opponents you defeat or enemy bases you destroy. You can earn extra cash by completing “missions” that allow you to test new games or take familiar games to the next level.
It’s obvious that stocks outperform real estate in terms of capital gains, but I would like to see S&P compare to Real Estate in SF, Manhattan, LA. Our house in NC was $80,000 20 years ago. It’s only $150,000 now. Same house in Santa Monica went from $200,000 to $1.8 million. People who happen to bought real estate in major metropolitan would have a natural positive association with real estate investment.

Vanguard: Vanguard has a minimum of $50,000 and a fee of 0.3%. Rebalancing is done automatically once every quarter and tax loss harvesting is done on a client-by-client basis. We included Vanguard because clients who invest between $50,000-$500,000 have access to a team of financial advisors. Those with accounts over $500,000 will have a dedicated advisor.
You can also sell your own products. You can make music in Garage Band and sell it in iTunes, you could write an eBook and sell it within Amazon. You could also do your own crafts and sell them on Etsy or design a Tshirt and sell them on spreadshirt. Or you could do all of these things! Ecommerce is a great way to make passive income online, whether with a physical product or digital product.
Webinars On Air is a powerful webinar tool that will enable you to create professional webinars for your viewers. Harnessing the power of Google Hangouts, this all in one solution will take care of all the technical aspects of hosting a webinar, including payments. Also have a look at our guide to the best webinar software, both free and paid options.
Creating your own food blog, will not only be fun but done well it should also be profitable. Link your site to affiliate cooking products, sell your food photos, create and sell your own physical cookbook, or launch a cooking app. Equally, you could turn your cooking blog into a membership site. You would then share all your content, including recipes, how to videos, food photographs, and much more, with only your paid up members.
Tutor students. If you have an academic specialty and can squeeze in a couple of hours during the week while Junior is taking a nap or Janie is at gymnastics, share your knowledge with struggling students. Find students looking to improve their grades on your own through your kids' schools – check a site such as Craigslist.org to gauge hourly rates in your area – or sign on with an online tutoring company, such as Tutor.com. You must be available to tutor at least five hours a week and have a college degree to tutor certain subjects for Tutor.com. Tutoring is done virtually from home via a computer, not in person. Tutor.com tutors are paid an hourly rate based on the subject.

Make Money At Home By Becoming A Transcriptionist: In 2007, Janet started working from home as a medical transcriptionist for others. Shortly after that, she started a successful general and legal transcription business. While running her business, the idea of a course popped up. Janet now teaches others in her online course how to transcribe online and work from home as a transcriptionist. Learn more about how you can become a transcriptionist here.

Another way to generate passive income is to invest and be a silent partner in a business. This is very risky, but with risk comes the potential for high returns. For example, several years ago both Lyft and Uber were looking for private investors to invest in their companies. Today, they are worth billions - but you as an investor would only reap that benefit if they go public via an IPO, or get acquired. So, it's risky.
Another strategy to make money online is to become a social marketing manager. Being present on social media is key for any business that wants to attract new customers, promote their products and grow their following. However, constantly posting, liking and commenting on the numerous social media channels is extremely time-consuming. More and more businesses are recruiting social media managers to run and organize all their social media. And to save money, social media employees are often employed as online freelancers.
Could you make an extra $200 per month? Sure. How about an extra $1000 per month? How would that change your life? To most, it would make a monumental difference. But what if  we were talking thousands more per month or even tens of thousands more? How would that alter the trajectory of your life? Clearly, you can make money on the internet. You just have to decide how much of your time it's worth.

I’ve never invested in real estate (except to live in), but am always intrigued by communities like FS who seem to have such a passion for it. My intrigue stems back to my earlier comments that the long term trends in appreciation in real estate are simply not very competitive versus equities, despite what Robert Kiyosaki had to say in his book, Rich Dad, Poor Dad.


Here on Making Sense of Cents, I discuss how to make extra income, side hustles, side income, and how to make money online a decent amount. I believe that earning extra income can completely change your life in a positive way. A person can stop living paycheck to paycheck, they can pay off their debt, and more all by earning extra money and learning how to make extra money.
2. This article isn’t intended to be about making $50k per year from $0 to start with. This is intended to show different ways that it’s possible to generate $50k in passive income. As for your rental property comment, check out RealtyShares or other similar companies. You can be a rental property owner without having to run the business. You can be a limited partner and just invest in real estate, and leave the actual work to the general partner. Basically, there are options to make $50k without working, but like the first paragraph says – front load your life!
Using a food delivery service can’t necessarily earn you money, but it can help you save you money if you constantly find yourself throwing out half the food you buy. Food delivery services send a box of food every week with new, sometimes unique vegetables, meat, fruit, and so on. If you don’t have time to shop and want simple meal-prep that leads to a good meal, a food subscription service may be perfect for you.
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