Passive Income In Taiwan - Passive Income Ideas for Beginners

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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 take a good deal of work.

Passive income is money you earn out of a product or an investment in which you dont need to do any more work once you put it up. That means consistent cash flow every month whether youre working or not.

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Thats the only true way to financial freedom. Passive income is the only way you will ever be free from worrying about money and the only way you could ever reach financial independence.

Im going to share my seven popular passive income sources, income streams I use to make money every 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 begin with the easy passive income ideas, the ones which you can start making money on instantly and will work through to the ones youll make the maximum money on as we proceed through the listing so make sure you stick around to grab those last couple of passive income plans. .

Our first side hustle idea is with bargain websites like Swagbucks and TopCashBack. Now these are actually two different kinds of passive income ideas since theyre different types of websites.

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Swagbucks is a get-paid-to site so you get paid to do things such as take polls, play video games, watch movies and try out free product samples. Doing each of them, you earn points which 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 consumers have redeemed over read what he said $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 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 though is that you can do it when youre doing something else 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 through their special offer so sign up here to snag your bonus money.

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 website then click through one of those 4,000 retailers using a cash 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 you receive all the other discounts and deals they offer, you simply get an extra bonus for going via the TopCashBack site first. .

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TopCashBack is a little better with the average cash back around 6 percent of your purchase so in the event that you spend $1,000 online youre going for $60 back. see it here Again, not something thats going to make you rich 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. .

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