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INSIDE THIS ISSUE
1 Tackle Your Tax Fears 2 Halloween’s Haunting History
Innocent Spouse Relief — A Life-Saver
3 Homemade Pumpkin Spice Latte
Win of the Month 4 Money for Nothing: Creative Passive Income Ideas
Effortless Earning: UNIQUE PASSIVE INCOME STRATEGIES
Who doesn’t want free money? That dream is what makes a passive income stream sound so appealing. In truth, virtually every passive income option involves some work, and few make you rich. But your options for extra cash are also much more plentiful than investing in property or the stock market. Here are some creative opportunities you may not have known existed.
to connect with people willing to rent your car or store items on your property. Even tools or sporting equipment could be potential money in your pocket.
Drive a Billboard This idea is perfect for anyone who does a lot of driving. Websites like Wrapify will potentially pay you several hundred dollars monthly to cover your car in an advertisement. The program uses GPS, so the more you drive in high-traffic areas, the more you earn. If you don’t mind looking slightly silly to your friends, this passive income stream allows you to make money without extra work.
Utilize Affiliate Marketing Do you regularly recommend products or services to your family and friends?
There may be a way to make money from that. Affiliate marketing allows you to create unique product links tied to your identity. If enough people purchase the item after clicking your link, you receive a small percentage of the sales. Amazon’s affiliate program is probably the most accessible to most people, but countless other brands offer them too! Rent Your Property You don’t need an investment property to make money on the things you already own. Renting out a spare room can earn additional income if you’re willing to share your space. Websites also exist that allow you
Sell Stock Photography If you take photos everywhere, you could be missing out on extra money. Multiple stock photography sites like Shutterstock or Foap allow you to upload your images and sell them as stock photographs. Best of all, once your pictures are on the website, your work is done. This passive income stream only requires a bit of creativity and well-planned images. But it’s worth a shot if you have a decent eye and use your camera often.
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630-832-6500 | 877-4-IRSLAW
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