The smart Trick of Passive Income In Taiwan - Passive Income Ideas That Nobody is Discussing

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The smart Trick of Passive Income In Taiwan - Passive Income Ideas That Nobody is Talking About

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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 make out of a solution or an investment where you dont need to do any more work after you set this up. That means consistent cash flow every 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 be free of worrying about money and the only way you could ever reach financial independence.

Im going to discuss my seven popular passive income sources, income flows I use to make money every month. Now Im not going to sugar coat this, some of these 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 start making money on immediately and will operate through to the ones youll make the maximum money on as we go through the list so be sure you stick around to grab those last few passive income strategies. .

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

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Swagbucks is a get-paid-to site so that you get paid to do things like take surveys, play video games, watch movies and test out free product samples. Doing each of them, you earn points which are usually 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 the time. Swagbucks users 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 the money works out to just under $2 an hour this isnt something thats going to make you rich. Youd have to operate 2,500 hours to make $5,000 so thats about three and a half months, non-stop. The thing with Swagbucks though is that you can do it when youre doing something else 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 special offer so sign up here to snag your bonus cash.

TopCashBack is an online shopping cash back website in which you receive a percentage discount on anything you buy online. What you look at these guys do is start at the TopCashBack site then click through one of those 4,000 retailers with a cash back program.

These are everything from Nike to Home Depot go to my blog and you also get from 3 percent to 25% cash back on anything you buy. Youre still shopping directly on the retailers site so that you get the rest of the discounts and deals they offer, you simply get an excess bonus for going through the TopCashBack web site first. .

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TopCashBack is somewhat better with the ordinary 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 have to buy things to find the money back but its free money on the things you were going to buy anyway. .