The Only Guide to Passive Income Ideas In Taiwan

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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 a number of them take a good deal of work.

Passive income is money you make out of a product or an investment where you dont have to do any more work once you put this 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 from worrying about money and the only way that you could ever reach financial independence.

Im going to discuss my seven favorite passive income resources, income streams I use to create money every month. Now Im not going to sugar coat this, a few of these are going to take work but may mean thousands a month you can count on.

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Im going to begin with the easy passive income ideas, the ones which you can begin making money on immediately and will operate through into the ones youll make the maximum money on as we go through the listing so be sure you stick around to grab those last few passive income strategies. .

Our first facet holiday idea is with bargain sites like Swagbucks and TopCashBack. Now these are actually two different types of passive income thoughts because theyre different types of websites.

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Swagbucks is a get-paid-to site so that you get paid to do things like take surveys, play video games, watch movies 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 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 little while and have found the money works out to just under $2 an hour this isnt something thats going to make you wealthy. Youd need to work 2,500 hours to make $5,000 so thats approximately three and a half months, non-stop. The thing with Swagbucks however is that you can do it when youre use this link doing something else so 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 through their special offer so sign up here to snag your bonus cash.

TopCashBack is an online shopping money back site where you get a percentage discount on anything you buy online. Everything you do is start at 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 get from 3 percent to 25% cash back on anything you purchase. Youre still shopping right on the retailers site so you get the rest of the discounts and bargains they offer, you just get an excess bonus for going through the TopCashBack site . .

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TopCashBack is a little better with the average cash back around 6 percent of your purchase so in the event that you spend $1,000 online youre going to get $60 back. Again, not something thats going to make you rich because you have to buy stuff to find the money back but its completely free money on the things you were going to buy anyway. .

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