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But another route to go is to get an income property only for the purpose of renting it out. That can be even better if you live in a touristy place, because you can probably make even greater than normal during the high tourist seasons. "Rental properties offer a source of passive income and the possibility of overall appreciation of the property 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 into the marketplace and one cannot outlive. "In fact, according to Airbnb, women hosts are using their Airbnb income to help manage their homes more than men, particularly single mothers who host (62 percent globally).

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And, since Airbnb launched in 2008, women Airbnb hosts have earned over $10 billion throughout the platform. 2Use A Cash-Back Credit Cardchikamilan/FotoliaWhen you go shopping, do you use money, your debit card, or a credit card Instead, why not use a credit card credit card and earn money at the same time you shop It sounds contradictory, but Goudreau elaborates.

"The crucial thing is to maintain your spending charges the same and also pay your balance off in full at the end of each month. Additionally, it is important to pay your invoice on time. That way, you are not paying interest or getting hit with any late fees, and any money back you earn is pure profit.

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Perhaps you're that person who creates handmade greeting cards for friends and family. Or maybe making candles is more your thing. In any case might be, why not simply take your talent to Etsy or an online website, especially if you already have a bunch of your merchandise already made"Make your own merchandise 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 great at How can you monetize that talent site and possibly even build a business from it Perhaps you have experienced something extraordinary in life, and because of it, have tons of knowledge and knowledge to share...

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

Additionally, chances are that other men and women want to know what you know. So whether you write an eBook on dating or tips on the best way best to fix your car, once you write, self-publish the publication, and let it go, it can sit on a website like Amazon and promote itself. Obviously, you can promote it, also, but that's another story! Some sites allow you to keep the majority of the earnings, but some do not.

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That's a major percentage. Writing a novel is not easy, but once you invest in the time that it takes, you can benefit from the monetary benefits.5Utilize a High-Interest Savings AccountAshley Batz/BustleWhile a few people today tend to use a this website savings account at the exact 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 offer as little as 0.1percent interest on savings, online banks tend to offer higher interest prices. By switching to an account which offers 1% interest or more, you'd be making 10 times as much just by moving the money." 6Use A High-Yield Checking Accountmichael spring/FotoliaAlong exactly the same lines of using a high-interest savings account, another look at this website simple way to create and have more money is by using a high-yield checking account.

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"One caveat: If it's important to you to have a convenient, nearby branch or effortless access to ATMs, your options will be limited 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 about investing even in the event that you don't know anything about investing! Especially in cheap index funds.

"As legendary investor Warren Buffett recently told CNBCs On the Money,'Consistently purchase an S&P 500 low-cost index fund. I think it's the thing which makes the most sense almost of all 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 site, 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 get the product. Pat Flynn talks about this at length on his site, Smart Passive Income, where you can learn a whole lot more on the topic, apart from affiliate marketing.

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