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License a business idea. If you have a fantastic idea for a business or product, but dont have time to start it yourself, consider licensing that thought. Interested companies are willing to pay royalties in exchange for the right to use your idea.

Buy a vending machine business. Youve probably never thought twice about who owns all those vending machines, but the vending machine business can be a rewarding passive income source! Once you find the right place, hire someone to restock the machines for you and youve got your own business going. .

Start home or pet sitting. This one is a sort of hybrid vehicle passive/active income source, but when youre going to be hanging out at home doing nothing, why not get paid to do it somewhere else Watch someones house and pets while theyre on vacation for a little additional cash.

Start a YouTube channel. Although the YouTube space is competitive, theres small overhead cost to begin. If youre passionate about your chosen niche and provide value to your viewers, ad placements and sponsorship opportunities can help you earn a sizeable passive income.

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License your photos. If you have a natural eye for photography, consider selling your photographs to stock photography sites. Once approved, youll earn royalties whenever a client downloads one of your own photos.

Design t-shirts or other products. Create fun and trendy graphics for e-commerce sites like Zazzle or CafePress to put on all kinds of merchandise from t-shirts to mugs. Production is taken care of and youll earn a commission on the products sold.

Create templates. If you fancy yourself an HTML wiz, designing and offering site templates for bloggers or e-commerce websites could be a great source of passive income for you.

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Sell graphic design documents. Even amateur graphic designers can earn a passive income by designing and selling graphic design files like icons or templates of all kinds.

Publish an ebook. Do you have a story youre itching to inform Writers no longer need to wait for the attention of a publisher to release their job. If you market your book nicely (think social click for info websites ), self-publishing an ebook will earn you plenty of residual sales.

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License music. For the musically inclined, licensing music, especially instrumental tracks, can generate a decent passive income and help companies or movie creators looking for high quality audio.

Sell digital artwork files. To lower overhead costs and minimize supply chain logistics, design a piece of artwork or photography and extend a digital download for a lesser cost. Many people are looking to furnish their houses on a budget and would happily print the artwork themselves.

Make an eCourse. An eCourse can be about anything youre passionate about. Have a lot of knowledge about electronic marketing Create an eCourse! Are you an expert in the subject of bird watching Produce an eCourse! Whatever you love, theres an audience on the market.

Record a video course. Very similar to e-courses, you will find endless options for video course topics. Video as a medium offers a personal connection and also a different way to learn, making it an equally viable option.

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Sell a lesson plan. If youre a teacher you can create a passive income simply by selling your lesson plans online to additional teachers. Its something youre doing , so why not talk about the knowledge

Create an online guide. If youre an expert in your area or possess in-depth knowledge of how something works or how to fix something, you can write a guide for it.

Sign up for cash back credit cards. Many credit cards offer you some sort of cash back benefits, but finding one that delivers the most rewards for your lifestyle is the secret to maximizing your return.

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Advertise on your vehicle. Some companies will pay money for ad space on your vehicle. All you have to do is drive aroundwhich youre probably doing anyway!

Engage in research studies. Get paid to allow researchers track anything out of the shopping habits to you sleeping patterns. If youre comfortable sharing this information, it can be a great source of passive income that needs little to no effort.

Rent a room in your house. If you presently have an extra space in your home, rent it out. You can make extra money with only some simple hospitality.

Shop with money back sites. Shopping through websites which offer cash back rewards can be as powerful as couponing, if not more! Simply shop as you normally would and earn money on your purchases.