About Passive Income Ideas In Taiwan
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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 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 have to do any more work after you set this up. That means consistent cash flow each month whether 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 from worrying about money and the only way that you could ever achieve financial independence.
Im going to discuss my seven favorite passive income sources, 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 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 start why not try here making money on immediately and will work through to the ones youll make the maximum money on as we proceed through the list so make sure you stick around to catch those last couple of passive income plans. .
Our first side hustle idea is with deal websites like Swagbucks and TopCashBack. Now these are actually two different kinds of passive income thoughts because theyre different types of sites.
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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 movies and try out free product samples. Doing all them, 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 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 so this isnt something thats going to make you rich. Youd need to operate 2,500 hours to make $5,000 so thats approximately three and a half months, non-stop. The thing with Swagbucks however is you can take action when youre doing something else so I flip through surveys and other stuff 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 cash.
TopCashBack is an online shopping cash back website where you receive 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 with a cash back program.
All these are everything from Nike to Home Depot and you get from 3% to 25% cash back on anything you can try these out you purchase. Youre still shopping directly on the merchants website so that you get the rest of the discounts and bargains they provide, 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 cash back around 6 percent 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 wealthy because you need to buy stuff to get the cash back but its completely free money on the things you were going to buy anyway. .