The Ultimate Guide To Passive Income Ideas In Taiwan

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Passive Income In Taiwan - Passive Income Ideas for Dummies

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You can work your ass off to earn 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 require a lot of work.

Passive income is money you make out of a solution or an investment where you dont have to do any more work once you set it 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 you will ever be free of worrying about money and the only way that you could ever reach financial independence.

Im going to share my seven favorite passive income resources, income streams I use to make money each month. Now Im not going to sugar coat this, some of them are going to take work but may mean thousands per month you can count on.

The Ultimate Guide To Passive Income In Taiwan

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Im going to start with the easy passive income ideas, the ones you can start making money on immediately and will work through into the ones youll create the maximum money on as we proceed through the listing so be sure to stick around to catch those last couple of passive income strategies. .

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

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Swagbucks is a get-paid-to site so that you get paid to do things such as take surveys, play video games, watch videos and try 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 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 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 rich. Youd need 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 you can do check my site it when youre doing something else I flip through polls and other stuff while 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 where you get a percentage discount on anything you buy online. What you do is start in the TopCashBack website then click through one of those 4,000 retailers with a money back program.

These are everything from Nike to Home Depot and you also get from 3 percent to 25% cash back on anything you buy. Youre still shopping directly on the merchants website so that you get the rest of the discounts and bargains they offer, you simply get an excess bonus for going via the TopCashBack site . .

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TopCashBack is somewhat better with the ordinary money back around 6% of your purchase so if you spend $1,000 online youre going for $60 back. Again, not something thats going to make you rich because you need to buy stuff to find the money web back but its completely free money on the things you were going to buy anyway. .