The 6-Minute Rule for Passive Income In Taiwan - Passive Income Ideas

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You can work your butt 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 from a solution or an investment in which you dont have to do any more work once you set it up. That means consistent cash flow every 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 from worrying about money and the only way that you could ever reach financial independence.

Im going to share my seven popular passive income sources, income flows 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 will mean thousands per 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 work through to the ones youll create the most money on as we go through the list so make sure you stick around to catch those last couple of passive income strategies. .

Our very first click this site side hustle idea is with deal 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 site so that you get paid to do things hop over to here such as take polls, play video games, watch movies and test out free product samples. Doing each of these, you earn points that are ordinarily convertible to one hundred points for a buck.

Now this isnt something thats going to make you rich but you can earn some legit money for less than an hour of the time. Swagbucks users have redeemed over $344 million in rewards 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 need to operate 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 I flip through polls and other things whilst Im cooking dinner or even flipping channels. .

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Swagbucks is offering a $5 cash bonus just for signing up through their blog here special offer so sign up here to snag your bonus cash.

TopCashBack is an online shopping cash back website in which you get a percentage discount on anything you buy online. What you do is start in 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 percent to 25% cash back on anything you purchase. Youre still shopping directly on the retailers site so you receive all the other discounts and bargains they offer, you simply get an excess bonus for going through the TopCashBack web site . .

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TopCashBack is a little better with the ordinary cash back around 6 percent of your purchase so if 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 find the money back but its free money on the things you were going to buy anyway. .

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