The Definitive Guide for Passive Income In Taiwan - Passive Income Ideas

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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 take a lot of work.

Passive income is money you earn from a product or an investment in which you dont have to do any more work after you set it up. That means consistent cash flow every month if 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 from worrying about money and the only way you could ever reach financial independence.

Im going to discuss my seven popular passive income resources, income flows I use to make money every month. Now Im not going to sugar coat this, some of them are going to take work but will mean thousands a month you can count on.

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Im going to start with the simple passive income ideas, the ones which you can start making money on instantly and will work through into the ones youll make the maximum money on as we go through the listing so make sure you stick around to catch those last couple of 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 sites.

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Swagbucks is a get-paid-to site so you get paid to do things such as take polls, play video games, watch videos and try 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 users 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 so this isnt something thats going to make you rich. Youd need to operate 2,500 hours to make $5,000 so thats approximately three and a half linked here months, non-stop. The thing with Swagbucks though is that you can do it 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 by using their distinctive offer so sign up here to snag your bonus cash.

TopCashBack is an online shopping cash back website 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 using a cash back program.

All 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 right on the merchants site so that you get all the other discounts and bargains they offer, you just get an extra bonus for going via the TopCashBack web site . .

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TopCashBack is a little better with the ordinary money back around 6 percent 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 rich as you need to buy stuff to find the cash back but its free money on the things you were going to buy anyway. .