$ - Ways To Generate Passive Income

Let's not confuse things here. Many people call things like selling off your stamp collection passive income. I completely disagree. While this is not a job, it does take work. Anyone who's ever tried to live off of selling on eBay or Amazon will tell you that it's alot of stress. Passive income is truly passive. As in you do nothing or virtually nothing. Your savings account is passive income. You do nothing and your money grows. So what are some other methods?

 - Shop around for a better interest rate on your savings

- Refinance your home

- Consolidate debt while paying it off

- Use a credit card with rewards to pay bills

- Recycle your own aluminum cans

- This may be the simplest one but it's often overlooked.  Barter.  Yep trade something you have for something you want.  Along with bartering is haggling.  Learning to be a haggler can save you plenty.