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The more you do to get your name on the market, the easier it'll be to the right audience to find you.Related: 5 Tools You Need to Build Your Passive Income'Empire'7. You need money to start earning passive income.From investing in the stock market into starting a small online business, many men and women assume that they need lots of money to start earning passive income.

You can invest in the stock market with as small as $1,000. For individuals looking to start their own blog, web hosting is often available at less than $8 per month.Having additional savings that you can devote toward getting your blog or business idea off the ground can certainly be beneficial.

Lets face it. Growing up, working as an employee to earn a living to support your family was just what was expected of you. But after a couple of years in the work force, sitting at a desk for 40 hours a week just isnt as exhilarating as we all believed it was.But I have no option, we think.Thats where we're wrong.The secret Cultivating streams of passive income.Just think you may be earning income at the same time you are sleeping! If you built your passive income streams big enough, you could quit your job.

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While its not easy nor quick, it's possible.Related: 7 income flows of millionaires: an open discussion of passive incomeHere are 25+ ways you can generate passive income. Some might need an investment of work or time upfront but can generate income passively ad infinitum once the project is completed.Invest in (crowdfunded) actual estate.A High Yield Savings AccountInvest in Stocks/bonds/REITs. Invest in Dividend Growth StocksInvest in a rental house (or 2 ).Write an e-book. Create an online course.Get paid to do things you are already doing.Promote products and earn affiliate income.Take advantage of credit card sign-up bonuses.Take advantage of bank account promotions.Advertise on your blog.Rent out additional room in your house.Rent out things you already have.Become a peer-to-peer lender.Become a private lender.Design merchandise to sell on CafePress or Redbubble.Flip domain names.Become a social networking influencer.Buy a laundromat/car wash.Rent out ad space on your car.Invest in a neighborhood business.Start a Vending Machine Business.Invest in Royalty income.Sell pre-packaged stock photography.Build an app.Invest in (crowdfunded) actual estate.If you are looking to add real estate exposure to your portfolio however dont want to bother about holding possessions right (definitely NOT passive income), you could invest in a crowdfunded real estate project.In this case, you would loan the money to a corporation, landlord or rehabber who would buy the property and they'd pay you interest to utilize your money.

One of their most popular offers is student housing 150-bed minimum facilities that are one mile or less in the Division I university with 15,000 enrolled students. We took a closer look in our Rich Uncles inspection if you want to learn more.Fundrise is an eREIT with a $1,000 minimum investment and no licensed investor requirement.

(here's more on Fundrise)RealtyMogul is for accredited investors who have a couple thousand dollars they want to invest into individual properties, while it's houses, commercial property, or mixed use buildings. (we go in deeper on this RealtyShares review)The appeal of these passive income resources is that you can diversify across many small investments, rather than in a handful of large ones.

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When you invest in those crowdfunded investments, you can spread your money across many uncorrelated property ventures so individual investments don't cause significant issues.A High Yield Savings AccountI wouldn't think about a high yield savings account as a source of passive income however your savings must be getting something (less like Seinfeld syndication residuals and more like a commercial jingle residuals!) .

The best high yield savings accounts (or money market accounts) provide higher interest rate and there's simply no danger. CIT Bank currently leads the pack with the highest website link interest rate.If you don't mind locking your money up, you can get slightly more with a certificate of deposit, even though rates there are not that appealing.

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Depending on the larger economic environment, REITs can potentially have higher yields than shares and/or bonds.My personal favorite stock agent is Ally Invest, formerly TradeKing, because they have inexpensive commerce commissions at $4.95 a trade and no maintenance fees.Invest in Dividend Growth StocksI wanted to specifically call out one particular strategy within equity investing that bears mentioning dividend growth investing is when you focus on stocks that not only cover a dividend but have a background of strong dividend growth.

Now, more than ten years after, many of these stocks game double digits yields and the cashflow from those investments helps me manage the irregularity of income I experience as a business owner.Invest in a rental home (or two).Though it can take some time to build up enough cash to place a 20 percent down payment on an investment property (the normal lender minimum), they can snowball fairly fast.