The Facts About Passive Income In Taiwan - Passive Income Ideas Revealed

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The Passive Income In Taiwan Diaries

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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 a number of them take a lot of work.

Passive income is money you earn from a solution or an investment where you dont need to do any more work after you put it up. That means consistent cash flow every month if youre working or not.

About Passive Income In Taiwan - Passive Income Ideas

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 achieve financial independence.

Im going to discuss my seven popular passive income sources, income flows I use to make money each month. Now Im not going to sugar coat this, some of these are going to take work but will mean thousands per month you can count on.

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Im going to start with the simple passive income thoughts, the ones you can begin making money on instantly and will operate through to internet the ones youll make the most money on as we go through the listing so be sure you stick around to grab those last few passive income strategies. .

Our very first facet hustle idea is with deal websites like Swagbucks and TopCashBack. Now these are actually two different kinds of passive income ideas because theyre different kinds of sites.

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Swagbucks is a get-paid-to site so that you get paid to do things such as take polls, play video games, watch videos and try out free product samples. Doing each of them, you earn points that 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 users have redeemed over $344 million in benefits 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 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 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 by using their distinctive offer so sign up here to snag your bonus money.

TopCashBack is an online shopping cash back site where you receive a percentage discount on anything you buy online. Everything you do is start in the TopCashBack site then click through one of those 4,000 retailers using a money back program.

All these are everything from Nike to Home Depot and you also get from 3% to 25% cash back on anything you buy. Youre still shopping directly on the merchants website so you get all the other discounts and deals they offer, you just get an excess bonus for going via the TopCashBack web site . .

Our Passive Income In Taiwan Diaries

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