The Best Guide To Passive Income 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 some of them require a lot of work.
Passive income is money you earn from a product or an investment in which you dont have to do any more work after 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 that 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 resources, income flows I use to make money every 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 immediately and will try here work through to the ones youll make the maximum money on as we proceed through the listing so be sure to stick around to grab those last few passive income plans. .
Our very first facet holiday idea is with bargain websites like Swagbucks and TopCashBack. Now these are actually two different kinds of passive income thoughts since 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 polls, play video games, watch videos 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 you can look here 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 so 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 though is you can take action when youre doing something else so I flip through polls and other things whilst Im cooking dinner or flipping channels. .
The Best Guide To Passive Income In Taiwan
Swagbucks is offering a $5 cash bonus just for signing up through their special offer so sign up here to snag your bonus money.
TopCashBack is an online shopping cash back site in which you receive a percentage discount on anything you buy online. Everything you do is start in the TopCashBack website then click through one of the 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 directly on the merchants site so that you get all the other discounts and deals they offer, you simply get an extra bonus for going through the TopCashBack site first. .
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TopCashBack is a little better with the average money back around 6% 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 wealthy 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. .