Passive Income In Iran - Passive Income Ideas - The Facts
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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 some of them require a good deal 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 put it 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 you will be free of worrying about money and the only way that you will ever achieve financial independence.
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Im going to begin with the simple passive income thoughts, the ones you can start making money on instantly and will operate through into the ones youll make the maximum money on as we go through the list so be sure you stick around to catch those last few passive income strategies. .
Swagbucks is a get-paid-to site so you get paid to do things such as take surveys, play video games, watch movies and try out free product samples. Doing each of these, you earn points that are usually 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 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 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 my blog thats approximately three and a half 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 whilst Im cooking dinner or flipping channels. .
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TopCashBack is an online shopping money back site in which you receive a percentage discount on anything you buy online. Everything you do is start at the TopCashBack site then click through one of the 4,000 retailers using a money back program.
All these are everything from Nike to Home Depot and you get from 3 percent to 25% cash back on anything you purchase. Youre still shopping right on the retailers site so you receive the rest of the discounts and bargains they offer, you just get an additional bonus for going through the TopCashBack site . .
TopCashBack is somewhat better with the ordinary money back around 6% of your purchase so in the event that you spend $1,000 online youre going to get $60 back. Again, not something thats going to make you rich as you need to buy stuff to get the cash back but its 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 big fan of the term blogger as it sounds like youre only writing random notes on a website. In fact, owning your own piece of digital property is large money.
I started my own sites in December 2014 and broke $5,000 a month just two decades later. I averaged $5,500 through 2017 and thats not including side hustle work I did freelancing.
Blogging is going to require work starting out. That route to $5,000 per month didnt happen overnight but just like real estate development, it build up an advantage that now creates constant cash flow if I work or not. I get over 30,000 visitors a month from Google search rankings, rankings that'll continue to send traffic even if I take a little time off. .