Some Known Facts About Passive Income In Taiwan - Passive Income Ideas.
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You can work your ass off to make 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 require a lot of work.
Passive income is money you make from a product or an investment where you dont need to do any more work after you put this up. That means consistent cash flow every month if youre working or not.
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Thats the only true way to financial freedom. Passive income is the only way that you will ever be free from worrying about money and the only way that you could ever achieve financial independence.
Im going to discuss my seven popular passive income resources, income streams I use to make money every month. Now Im not going to sugar coat this, some of these are going to take work but may mean thousands a month you can count on.
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Im going to start with the simple passive income ideas, the ones which you can begin making money on instantly and will operate through into the ones youll create the maximum money on as we go through the listing so be sure to stick around to grab those last couple of passive income plans. .
Our first facet hustle idea is with deal websites like Swagbucks and TopCashBack. Now these are actually two different kinds of passive income ideas since theyre different kinds of websites.
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Swagbucks is a get-paid-to site so you get paid to do things such as take surveys, play video games, watch videos and test out free product samples. Doing all these, you earn points which 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 users have redeemed over $344 million in rewards 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 click now something thats going to make you rich. 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 that you can do it when youre doing something else so 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 by using their special 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. Everything you do is start at the TopCashBack website then click through one of those 4,000 retailers with a webpage 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 directly on the merchants website so you get all the other discounts and deals they offer, you simply get an extra bonus for going via the TopCashBack web site . .
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TopCashBack is a little better with the average money back around 6% of your purchase so if you spend $1,000 online youre going for $60 back. Again, not something thats going to make you rich as you need to buy things to get the cash back but its free money on the things you were going to buy anyway. .