Passive Income In Iran - Passive Income Ideas for Dummies
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You can work your butt off to earn 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 lot of work.
Passive income is money you make out of a product or an investment where you dont need to do any more work once you put this up. That means consistent cash flow every month whether youre working or not.
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Thats the only real 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 reach financial independence.
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Im going to start with the easy passive income thoughts, the ones you can begin making money on instantly and will operate through into the ones youll make the most money on as we go through the listing so be sure you stick around to grab those last couple of passive income plans. .
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 test out free product samples. Doing all them, you earn points that are ordinarily convertible to one hundred points for a buck.
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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 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 about three and a half months, non-stop. The thing with Swagbucks though is you can do it when youre doing something else so I flip through polls and other stuff whilst Im cooking dinner or even flipping channels. .
Swagbucks is offering a $5 cash bonus just for signing up through their special offer so sign up here to snag your bonus cash.
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TopCashBack is an online shopping cash back site in which you receive 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.
These are everything from Nike to Home Depot and you get from 3 percent to 25% cash back on anything you buy. Youre still shopping directly on the merchants site so you receive the rest of the discounts and deals they provide, you just get an additional bonus for going via the TopCashBack site . .
TopCashBack is somewhat better with the average 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 as you have to buy things to find the cash back but its completely free money on the things you were going to buy anyway. .
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Our next passive income idea is blogging. Im not a huge fan of the term blogger because it sounds just like youre just writing random notes on a site. In fact, owning your own piece of electronic real estate is big money.
I began my own sites in December 2014 and broke $5,000 per month just two decades later. I dropped $5,500 through 2017 and thats not including side hustle work I did freelancing.
Blogging is still going to take work starting out. That path to $5,000 a month didnt happen overnight but only like real estate development, it build an advantage that now creates constant cash flow if I work or not. see this page I receive over 30,000 visitors a month from Google search rankings, rankings that will continue to send traffic even when I take a little time off. .