The 8-Minute Rule for Passive Income In Taiwan

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What Does Passive Income In Taiwan - Passive Income Ideas Mean?

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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 a number of them take a good deal of work.

Passive income is money you make from a product or an investment where you dont have to do any more work once you set this up. That means consistent cash flow each month if youre working or not.

Passive Income Ideas In Taiwan for Beginners

Thats the only true way to financial freedom. Passive income is the only way that you will ever be free of worrying about money and the only way that you will ever achieve 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, some of these are going to take work but may mean thousands a 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 immediately and will operate through into the ones youll create the most money on as we go through the listing so be sure you stick around to catch those last few passive income plans. .

Our first side holiday idea is with bargain websites like Swagbucks and TopCashBack. Now these are actually two different kinds of passive income ideas 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 movies and test out free product samples. Doing all them, 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 your time. Swagbucks consumers have redeemed over $344 million in benefits 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 work 2,500 hours to make $5,000 so thats about three and a half months, non-stop. The thing with Swagbucks though 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 special offer so sign up here to snag your bonus cash.

TopCashBack is an online shopping money back site where you get a percentage discount on anything you buy online. Everything you do is start at the TopCashBack website then click through one of those 4,000 retailers with 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 right on the merchants website so you get all the other discounts and deals they offer, you just get an excess bonus for going through the TopCashBack site first. .

Indicators on Passive Income Ideas In Taiwan You Should Know

TopCashBack is somewhat better with the average 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 as you need to buy things to get the money back but its completely free money on the things you were going to buy anyway. .