Passive Income Ideas In Taiwan Things To Know Before You Buy

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You can work your ass off to earn money but youll never get anywhere until you start making passive income. I make money on seven different income sources but a number of them take a lot of work.

Passive income is money you make out of a product or an investment in which you dont have to do any more work once you put it up. That means consistent cash flow each month if youre working or not.

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Thats the only true way to financial freedom. Passive income is the only way you will ever be free from worrying about money and the only way that you will ever achieve financial independence.

Im going to discuss my seven popular passive income resources, income flows I use to create money every month. Now Im not going to sugar coat this, a few of them are going to take work but will mean thousands a month you can count on.

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Im going to start with the simple passive income ideas, the ones you can begin making money on immediately and will operate through to the ones youll create the maximum money on as we go through the listing so you can try these out make sure to stick around to catch those last few passive income plans. .

Our first side hustle idea is with deal sites like Swagbucks and TopCashBack. Now these are actually two different types of passive income thoughts because theyre different types of websites.

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Swagbucks is a get-paid-to website so that you get paid to do things like take polls, play video games, watch movies and test out free product samples. Doing each of these, you earn points that are usually convertible to one hundred points for a buck.

Now this isnt something thats going to make you rich but about his you can earn some legit money for less than an hour of your time. Swagbucks users have redeemed over $344 million in rewards for gift cards and Amazon rewards.

Now Ive been using Swagbucks for a while and have found the money works out to just under $2 an hour this isnt something thats going to make you rich. Youd need to work 2,500 hours to make $5,000 so thats approximately three and a half months, non-stop. The thing with Swagbucks however is that you can do it when youre doing something else so I flip through polls and other things whilst Im cooking dinner or flipping channels. .

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Swagbucks is offering a $5 cash bonus just for signing up through their distinctive offer so sign up here to snag your bonus money.

TopCashBack is an online shopping money back website where you get a percentage discount on anything you buy online. What you do is start in the TopCashBack site then click through one of the 4,000 retailers using a money back program.

All these are everything from Nike to Home Depot and you also get from 3% to 25% cash back on anything you purchase. explanation Youre still shopping directly on the retailers website so you get all the other discounts and bargains they offer, you simply get an excess bonus for going through the TopCashBack site . .

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TopCashBack is a little better with the average cash back around 6% of your purchase so in the event that you spend $1,000 online youre going for $60 back. Again, not something thats going to make you rich because you need to buy things to get the cash back but its completely free money on the things you were going to buy anyway. .