The Ultimate Guide To Passive Income Ideas In Taiwan

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You can work your ass 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 lot 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 after you set it up. That means consistent cash flow every month if youre working or not.

The Ultimate Guide To Passive Income Ideas In Taiwan

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 share my seven favorite passive income resources, 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 begin with the easy passive income ideas, the ones you can start making money on immediately and will work through into the ones youll create the most money directory on as we go through the list so make sure to stick around to catch those last few passive income strategies. .

Our very first side holiday 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 that you get paid to do things like take polls, play video games, watch videos and try out free product samples. Doing all these, you earn points that are usually 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 users have redeemed over $344 million in benefits for gift cards and Amazon rewards.

Now Ive been using Swagbucks for a little their explanation 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 operate 2,500 hours to make $5,000 so thats about three and a half months, non-stop. The thing with Swagbucks though is you can take action when youre doing something else so I flip through surveys and other things 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 distinctive 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 website then click through one of those 4,000 retailers with a money back program.

These are everything from Nike to Home Depot and you get from 3 percent to 25% cash back on anything you buy. Youre still shopping right on the retailers site so you receive the rest of the discounts and deals they provide, you just get an excess bonus for going through the TopCashBack web site first. .

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