Fascination About Passive Income In Taiwan - Passive Income Ideas

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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 some of them take a good deal of work.

Passive income is money you earn out of a product or an investment where you dont need to do any more work once you set it up. That means consistent cash flow each month if youre working or not.

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Thats the only real way to financial freedom. Passive income is the only way that you will ever be free of worrying about money and the only way that you will ever reach financial independence.

Im going to discuss my seven popular passive income sources, income streams I use to create money each month. Now Im not going to sugar coat this, a few of these are going to take work but may mean thousands per month you can count on.

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Im going to start with the easy passive income ideas, the ones which you can begin making money on instantly and will work through into the ones youll make the maximum money on as we proceed through the list so make sure to stick around to catch those last couple of passive income strategies. .

Our first facet hustle idea is with bargain websites 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 site so you get paid to do things like take surveys, play video games, watch movies and test out free product samples. Doing each of these, you earn points which are ordinarily convertible to one hundred points for a dollar.

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

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

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Swagbucks is offering a $5 site web 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 site in which you get a percentage discount on anything you buy online. What you do is start at the TopCashBack website then click through one of the 4,000 retailers using a money back program.

These are everything from Nike to Home Depot and you get from 3 percent to 25% cash back on anything you buy. Youre still shopping right on the retailers site so you receive the rest of the discounts and deals they provide, you just get an extra bonus for going via the TopCashBack web site first. .

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