The 7-Minute Rule for Passive Income In Taiwan - Passive Income Ideas

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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 take a good deal of work.

Passive income is money you earn out of a solution or an investment where 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 will ever reach financial independence.

Im going to share my seven popular 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 a month you can count on.

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Im going to begin with the easy passive income thoughts, the ones which you can start making money on immediately and will operate through into the ones youll make the most money on as we proceed through the list so make sure to stick around to grab those last few passive income plans. .

Our very first side hustle idea is with bargain websites 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 site so you get paid to do things like take polls, play video games, watch videos and test out free product samples. Doing all them, 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 the time. Swagbucks consumers have redeemed over $344 million in rewards for gift cards and Amazon rewards.

Now Ive been using Swagbucks for a while and have found that 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 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 by using their distinctive offer so index sign up here to snag your bonus money.

TopCashBack is an online shopping money back website in which you get a percentage discount on anything you buy online. What you do is start at the TopCashBack website then click through one of those 4,000 retailers using a money back program.

These are everything from Nike to Home Depot and you also get from 3 percent to 25% cash back on anything you buy. Youre still shopping right on the retailers website so that you receive all the other discounts and bargains they offer, you just get an extra bonus for going through the TopCashBack site . .

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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 as you have to buy things to find the money back but its completely free money on the things you were going to buy anyway. .