Passive Income In Taiwan - Passive Income Ideas 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 good deal of work.
Passive income is money you earn from a solution or an investment in which you dont have 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 you will be free of worrying about money and the only way that you could ever reach financial independence.
Im going to discuss my seven favorite passive income sources, income flows I use to make money each month. Now Im not going to sugar coat this, a few of them are going to take work but will mean thousands per month you can count on.
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Im going to begin with the simple passive income ideas, the ones which you can begin making money on immediately and will operate through to the ones youll make the maximum money on as we proceed through the list so be sure to stick around to catch those last few passive income plans. .
Our very first facet hustle idea is with deal sites like Swagbucks and TopCashBack. Now these are actually two different types of passive income thoughts since theyre different types of websites.
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Swagbucks is a get-paid-to website so that you get paid to do things such as take surveys, play video games, watch videos and try out free product samples. Doing all them, you earn points that are ordinarily convertible to one hundred points for a buck.
Now this isnt something thats going to make you rich but you can earn some legit money for less than an hour of your time. Swagbucks consumers have redeemed over $344 million in benefits 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 so this isnt something thats going to make you wealthy. Youd need to work 2,500 hours to make $5,000 so thats about three and a half months, non-stop. The 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 even 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 cash.
TopCashBack is an online shopping money back website where you receive a percentage discount on anything you buy online. What you do is start at the TopCashBack site then click through one of the 4,000 retailers using a cash back program.
These are everything from Nike to Home Depot and you get from 3 percent to 25% cash back on anything you purchase. Youre still shopping directly on the retailers website so you get all the other discounts and bargains they offer, you just get an excess bonus for going via the TopCashBack site first. .
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TopCashBack is somewhat better with the average money back around 6 percent of your purchase so if from this source you spend $1,000 online youre going for $60 back. Again, not something thats going to make you wealthy because you have to buy things to find the cash back but its completely free money on the things you were going to buy anyway. .