The Greatest Guide To Passive Income Ideas In Taiwan

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You can work your ass 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 lot of work.

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

Im going to share my seven favorite passive income sources, income streams I use to make money every month. Now Im not going to sugar coat this, some of these 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 simple passive income ideas, the ones you can begin making money on instantly 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 catch those last couple of passive income strategies. .

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

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Swagbucks is a get-paid-to site so that you get paid to do things like take polls, play video games, watch videos and test out free product samples. Doing each of them, you earn points which are ordinarily convertible to one hundred points for a dollar.

Now this isnt go to my site 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 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 wealthy. Youd need to work 2,500 hours to make $5,000 so thats about three and a half months, non-stop. The thing with Swagbucks though is that you can do it when youre doing something else so I flip through polls and other stuff whilst 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 cash back site in which you get a percentage discount on anything you buy online. What you do is start in the TopCashBack website then click through one of those 4,000 retailers with a money back program.

All these are everything from Nike to Home Depot and you get from 3 percent to 25% cash back on anything you purchase. Youre still shopping right on the merchants site so you receive all the other discounts and bargains they provide, you simply get an excess bonus for going via the special info TopCashBack web site . .

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TopCashBack is a little better with the average money 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 rich because you need to buy stuff to get the cash back but its completely free money on the things you were going to buy anyway. .