Unknown Facts About Passive Income In Taiwan - Passive Income Ideas

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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 a number of them require a lot of work.

Passive income is money you earn out of a product or an investment in which you dont need to do any more work after you set 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 ever be free from worrying about money and the only way you will ever reach financial independence.

Im going to discuss my seven popular passive income sources, income streams I use to create money each month. Now Im not going to sugar coat this, some of these 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 you can start making money on instantly and will operate through into the ones youll create the maximum money on as we go through the listing so be sure you stick around to grab those last couple of passive income strategies. .

Our first facet hustle idea is with deal sites like Swagbucks and TopCashBack. Now these are actually two different kinds of passive income thoughts because theyre different kinds of sites.

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Swagbucks is a get-paid-to website so you get paid to do things like take surveys, play video games, watch movies and test out free product samples. Doing each of these, 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 your time. Swagbucks consumers 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 that the money works out to just under $2 an hour this isnt something thats going to make you rich. Youd have to operate 2,500 hours to make $5,000 so see post thats about three and a half months, non-stop. The thing with Swagbucks however is you can do it when youre doing something else I flip through polls and other things whilst Im cooking additional reading 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 website where you receive a percentage discount on anything you buy online. Everything you do is start in the TopCashBack site then click through one of those 4,000 retailers with 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 purchase. Youre still shopping right on the retailers website so that you get all the other discounts and deals 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% 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 things to get the money back but its free money on the things you were going to buy anyway. .