Passive Income In Taiwan - Passive Income Ideas - Questions

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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 a number of them take a lot of work.

Passive income is money you make out of a solution or an investment where you dont need to do any more work after you set it up. That means consistent cash flow each month whether 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 of worrying about money and the only way you will ever reach financial independence.

Im going to discuss my seven favorite passive income sources, income streams I use to make 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 start with the easy passive income ideas, the ones which you can start making money on immediately and will operate through to the ones youll create the most money on as we go through the listing so make sure to stick around to catch those last couple of passive income strategies. .

Our very first facet holiday idea is with bargain sites like Swagbucks and TopCashBack. Now these are actually two different types of passive income ideas since theyre different kinds of sites.

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Swagbucks is a get-paid-to website so look at here now that you get paid to do things such as take surveys, play video games, watch videos and test out free product samples. Doing all these, you earn points which 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 while and have found the money works out to just under $2 an hour so this isnt something thats going to make you rich. Youd have 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 take action when youre 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 by using their distinctive offer so sign up here to snag your bonus cash.

TopCashBack is an online shopping money back website where you receive a percentage discount on anything you buy online. What you do is start at the TopCashBack site then click through one of the 4,000 retailers with a money back program.

These are everything from Nike to Home Depot and you get from 3% to 25% cash back on anything you purchase. Youre still shopping directly on the retailers website so that you get all the other discounts and look at this site bargains they provide, you simply get an extra bonus for going through the TopCashBack site . .

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TopCashBack is somewhat better with the ordinary 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 wealthy because you need to buy things to get the money back but its completely free money on the things you were going to buy anyway. .