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The more you do to get your name on the market, the easier it will be for 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 exchange to starting a small online business, many people assume that they need lots of money to begin earning passive income.

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

Lets face it. Growing upward, working as an employee to earn a living to support your household was just what was expected of you. But following a few years in the work force, sitting at a desk for 40 hours each week simply isnt as exhilarating as we believed it was.But I have no choice, we think.Thats where we are wrong.The secret Cultivating streams of passive income.Just think you may be earning income at the same time you sleep! If you built up your passive income flows big enough, you can quit your job.

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While its not simple nor fast, it's possible.Related: 7 income flows of millionaires: an open discussion of passive incomeHere are 25+ ways you can generate passive income. Some may require an investment of time or work upfront but can generate income passively ad infinitum once the project is completed.Invest in (crowdfunded) real 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 goods and earn affiliate income.Take advantage of credit card sign-up bonuses.Take advantage of bank account promotions.Advertise on your own blog.Rent out additional space in your house.Rent out items you already have.Become a peer to peer lender.Become a private lender.Design products to market on CafePress or Redbubble.Flip domain names.Become a social networking influencer.Buy a laundromat/car wash.Rent out ad space on your this page own 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) real estate.If you're looking to add property exposure to your portfolio but dont want to bother about holding possessions directly (definitely NOT passive income), you could invest in a crowdfunded real estate project.In this circumstance, you would loan the money to a corporation, landlord or rehabber who would buy the property and they'd pay you interest to use your money.

One of their most well-known offers is student housing 150-bed minimum facilities that are one mile or less in the Division I university with at least 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 that have a few thousand dollars they want to invest into individual properties, while it's homes, commercial property, or mixed use buildings. (we go in deeper on this RealtyShares review)The appeal of those passive income sources is that you can diversify across many smallish investments, rather than in a handful of big ones.

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When you invest in these crowdfunded investments, you can spread your money across many uncorrelated real estate 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 should be getting something (less like Seinfeld syndication residuals and more like a commercial jingle residuals!) .

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

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Depending on the larger economic environment, REITs can potentially have greater yields than stocks and/or bonds.My personal favourite stock broker is Ally Invest, formerly TradeKing, because they have inexpensive trade commissions at $4.95 a transaction 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 history of strong dividend growth.

Now, more than ten decades 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 property (or 2 ).Though it can take some time to build up enough cash to put a 20 percent down payment on an investment property (the normal lender minimum), they can snowball fairly fast.