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If so, check out a site like Shutterstock.  You send your photographs to Shutterstock and if they're approved, every time one of Shutterstocks clients downloads one of your photographs youll receive a paid a royalty.

If you're a bit techie and can come up with some unique tips for mobile programs, or improve upon an existing app which will help people make their lives simpler, you might land yourself a great source of passive income.

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Every app on your phone is making money for someone, somewhere. For instance, Joel Comm created over $1Million from his iFart app.

As these are the exceptions, there are plenty of people making thousands of dollars each month with their mobile programs.

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How would you like to create money just for driving your car and not have to pick up any passengers By allowing companies to place advertisements on your car windows, you can earn a few hundred dollars each month simply by driving your vehicle around town.

Check out Wrapify to see how you could have the ability to make passive income by wrapping your car with an advertisement.

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The beauty of an online business is that most will allow you to operate from anywhere. Starting one from scratch can take a good deal of time and tools. Why not consider buying an already established online business Websites such as Biz Buy Sell have hundreds of online business listings that are for sale in varying price ranges. .

Check to see if there is an online business for sale that's in line with your passions or hobbies. Again, in order for this idea to make passive income, youll need to employ someone to run the business.

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Heres another turnkey passive income business idea. Many cities have established laundromats which are offered for sale.

The reason you would want to buy an existing laundromat is that the startup costs are fairly large. Commercial washers and dryers are not affordable. It makes a lot more financial sense to buy an already established laundromat than to start from scratch.

I am shocked by the lack of batting cage facilities. Baseball is one of the most popular sports for children in the usa. Yet batting cages are hard to come by depending on where you live.

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Something to check these guys out know about, though, is that these can require a great deal of money up front. You will have to have a significant facility, equipment, and someone to run the cage.

So be sure to do your due diligence before you invest too much money in this endeavor. Buying an existing batting cage business could possibly be a more financially sound option.

Another way you can make passive income is by designing t-shirts and other goods even with no previous design skills. Sites like Redbubble allow you to upload your witty design ideas and then make t-shirts, coffee mugs, laptop covers, etc..

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Shoppers then stop by the site and take a look at your products. When they buy one of your designs, Redbubble will pay you a portion of the profits. They handle all the production and shipping of merchandise.

Bond and CD laddering involves owning many different bonds and/or Certificates of Deposit. Each one develops at different times during the year. Then you take the profits from these investments as cash income during the year.

Although many CDs and bonds may not earn as much of a return as a Peer-to-Peer lending investment, bonds and CDs also generally arrive with little to no risk. This can help ensure a solid income supply on a regular basis.

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Thousands of people daily are looking to rent any variety of things. Craigslist can be a great place to promote your items for rent. Here are some thoughts of products that you could rent out:

Just ensure you have a proper rental agreement signed by both parties. Also, get paid in cash beforehand, and get a current photo ID and secondary evidence of speech from renters.

This can allow you to protect the home youre renting out. For extra peace of mind, consider requesting a safety deposit too.

As you can see there are a ton of ways that you can earn passive income. With luck, this list has helped you narrow down which source of income is best for you.

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So if youre tired of this traditional way of making money, implement a few of the passive income strategies above so you can start working less and making more money as you sleep today.