Passive Income Ideas In Taiwan for Beginners

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The Definitive Guide to Passive Income In Taiwan - Passive Income IdeasPassive Income In Taiwan Things To Know Before You Get This

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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 take a lot of work.

Passive income is money you make from a solution or an investment where you dont need to do any more work once you set this 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 share my seven popular passive income sources, income flows I use to make money each month. Now Im not going to sugar coat this, a few of them are going to take work but may mean thousands per month you can count on.

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Im going to start with the simple passive income thoughts, the ones which you can begin making money on instantly and will work through into the ones youll create the maximum money on as we proceed through the list so be sure to stick around to catch those last few passive income plans. .

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

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Swagbucks is a get-paid-to website so you get paid to do things like take surveys, play video games, watch videos and try out free product samples. Doing all them, you earn points that are usually 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 little while and have found that 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 useful source thats about three and a half months, non-stop. The thing with Swagbucks however is you can take action when youre doing something else so 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 cash.

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

All these are everything from Nike to Home Depot and you also get from 3% to 25% cash back on anything you purchase. Youre still shopping directly on the retailers site so that you get all the other discounts and bargains they offer, you just get an extra bonus for going through the TopCashBack web site first. .

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TopCashBack is somewhat better with the ordinary money back around 6% 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 have to buy stuff to get the money back but its completely free money on the things you were going to buy anyway. .

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