10 Simple Techniques For Passive Income Ideas In Taiwan

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

Passive income is money you make out of a product or an investment where you dont need to do any more work once you put this up. That means consistent cash flow every month whether 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 of worrying about money and the only way that you could ever reach financial independence.

Im going to share 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 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 simple passive income thoughts, the ones which you can begin making money on immediately and will operate through to the ones youll create the maximum money on as we proceed through the listing so make sure you stick around to grab those last couple of passive income plans. .

Our very first side holiday idea is with bargain sites like Swagbucks and TopCashBack. Now these are actually two different types of passive income ideas because theyre different linked here kinds of websites.

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Swagbucks is a get-paid-to site so that you get paid to do things such as take polls, play video games, watch movies and try 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 while and have found that the money works out to just under $2 an hour this isnt something thats going to make you wealthy. Youd have to work 2,500 hours to make $5,000 so thats about three and a half months, non-stop. The thing with Swagbucks however is you can do it when youre doing something else so I flip through surveys and other stuff while 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 money back site where you receive a percentage discount on anything you buy online. Everything you do is start at the TopCashBack site then click through one of the 4,000 retailers using a cash back program.

These are everything from Nike to his explanation Home Depot and you get from 3% to 25% cash back on anything you buy. Youre still shopping right on the merchants website so you receive the rest of the discounts and bargains they provide, you simply get an excess bonus for going through the TopCashBack site first. .

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TopCashBack is somewhat better with the average cash back around 6 percent of your purchase so if you spend $1,000 online youre going to get $60 back. Again, not something thats going to make you rich as you need to buy stuff to get the money back but its completely free money on the things you were going to buy anyway. .