Passive Income In Taiwan - Passive Income Ideas for Dummies

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You can work your butt 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 require a good deal of work.

Passive income is money you earn out of a solution or an investment in which you dont have to do any more work once you put 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 be free of worrying about money and the only way that you could ever reach financial independence.

Im going to discuss my seven popular passive income resources, income streams I use to make 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 begin with the easy passive income thoughts, the ones which you can begin making money on immediately and will operate through into the ones youll make the maximum money on as we go through the listing so make sure to stick around to grab those last few passive income strategies. .

Our 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 sites.

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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 movies and try out free product samples. Doing all them, you earn points which are usually 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 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 rich. Youd need to work 2,500 hours to make $5,000 so thats approximately three and a half months, non-stop. The thing with Swagbucks though is you can take action when youre doing something else I flip through surveys and other stuff 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 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 in 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 also get from 3% view website to 25% cash back on anything you buy. Youre still shopping right on the merchants website so that you get all the other discounts and deals they provide, you just 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 see this here 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 rich because you have to buy things to find the money back but its completely free money on the things you were going to buy anyway. .