The Ultimate Guide To Passive Income In Taiwan

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The Basic Principles Of Passive Income In Taiwan - Passive Income Ideas

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You can work your ass 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 good deal of work.

Passive income is money you earn from a product or an investment where you dont have to do any more work once you put it up. That means consistent cash flow each month if 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 discuss my seven favorite passive income resources, income streams I use to create 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.

The Main Principles Of Passive Income In Taiwan - Passive Income Ideas

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

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

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Swagbucks is a get-paid-to website so that you get paid to do things like 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 the time. Swagbucks consumers have redeemed over $344 million in rewards for gift cards and Amazon rewards.

Now Ive been using Swagbucks for a while and have found that the money works out to just under $2 an hour this isnt something thats going to make you rich. Youd have 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 do it when youre doing something else I flip through surveys and other things whilst Im cooking dinner or flipping channels. .

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

TopCashBack is an online shopping money 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 those 4,000 retailers with a money back program.

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

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TopCashBack is a little better with the ordinary money back around 6 percent of your purchase so if you spend $1,000 online youre going to get look these up $60 back. Again, not something thats going to make you rich because you have to buy stuff to get the cash back but its completely free money on the things you were going to buy anyway. .