The 9-Minute Rule for Passive Income In Taiwan - Passive Income Ideas

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The Ultimate Guide To 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 a number of them take a good deal 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 every month if youre working or not.

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Thats the only true way to financial freedom. Passive income is the only way that you will be free of worrying about money and the only way that you will ever achieve financial independence.

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

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Im going to begin with the easy passive income thoughts, the ones you can start making money on instantly and will operate through into the ones youll create the most money on as we proceed through the listing so make sure to stick around to grab those last few passive income plans. .

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

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Swagbucks is a get-paid-to website so you get paid to do things such as take polls, play video games, watch videos and test out free product samples. Doing each of them, you earn points that are ordinarily convertible to one hundred points for a buck.

Now this isnt something my latest blog post 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 while and have found that the money works out to just under $2 an hour so this isnt something thats going to make you rich. Youd have to operate 2,500 hours to make $5,000 so 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 surveys and other things while 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 site 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 the 4,000 retailers using a money 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 merchants site so you receive the rest of the discounts and deals they offer, you just get an excess bonus for going through the TopCashBack site first. .

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TopCashBack is a little 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 stuff to get the money back but its free money on the things you were going to buy anyway. .