The 30-Second Trick For Passive Income In Taiwan - Passive Income Ideas

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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 make out of a product or an investment in which you dont have to do any more work once you put it up. That means consistent cash flow each month if youre working or not.

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Thats the only true way to financial freedom. Passive income is the only way you will be free from worrying about money and the only way you could ever achieve financial independence.

Im going to discuss my seven favorite passive income sources, income flows I use to create money each month. Now Im not going to sugar coat this, a few of them 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 easy passive income ideas, the ones which you can begin making money on instantly and will operate through to the ones youll make the most money on as we proceed through the listing so make sure you stick around to grab those last few passive income plans. .

Our first side hustle idea is with deal sites like Swagbucks and TopCashBack. Now these are actually two different types of passive income ideas since theyre different kinds of websites.

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Swagbucks is a get-paid-to website so that you get paid to do things like take surveys, play video games, watch videos and try out free product samples. Doing all these, 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 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 that the money works out to just under $2 an hour this isnt something thats going to make you rich. Youd have 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 that you can do it when youre doing something else I flip through my explanation polls 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 special offer so sign up here to snag your bonus cash.

TopCashBack is an online shopping cash back site where you get a percentage discount on anything you Click This Link buy online. What you do is start in the TopCashBack website then click through one of the 4,000 retailers using a money back program.

All these are everything from Nike to Home Depot and you also get from 3% to 25% cash back on anything you purchase. Youre still shopping right on the merchants site so that you receive all the other 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 a little better with the ordinary money back around 6% of your purchase so if you spend $1,000 online youre going to get $60 back. Again, not something thats going to make you wealthy as you have to buy stuff to find the money back but its free money on the things you were going to buy anyway. .