The Greatest Guide To Passive Income In Iran - Passive Income Ideas
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You can work your butt 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 lot of work.
Passive income is money you earn out of a product or an investment in which you dont have to do any more work after you put it up. That means consistent cash flow each 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 from worrying about money and the only way you could ever achieve financial independence.
Im going to share my seven favorite passive income sources, income streams I use to make money every 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 start with the simple passive income ideas, the ones which you can start making money on instantly and will operate through to the ones youll create the most money on as we proceed through the list so make sure to stick around to grab those last few passive income plans. .
Our very first facet holiday idea is with bargain sites like Swagbucks and TopCashBack. Now these are actually two different types of passive income ideas since theyre different kinds of sites.
Swagbucks is a get-paid-to website so that you get paid to do things such as take polls, play video games, watch videos and test out free product samples. Doing all them, you earn points which are usually convertible to one hundred points for a dollar.
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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 you could try these out benefits for gift cards and Amazon rewards.
Now Ive been using Swagbucks for a little while and have found the money works out to just under $2 an hour this isnt something thats going to make you wealthy. Youd have to operate 2,500 hours to make $5,000 so 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 I flip through surveys and other things while Im cooking dinner or even flipping channels. .
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TopCashBack is an online shopping money back site in which you get a percentage discount on anything you buy online. What you do is start in the TopCashBack site then click through one of those 4,000 retailers using a money back program.
All these are everything from Nike to Home Depot and you get from 3% to 25% cash back on anything you buy. Youre still shopping directly on the retailers website so you get all the other discounts and deals they provide, you simply get an extra bonus for going through the TopCashBack web site first. .
TopCashBack is a little better with the average cash 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 have to buy things 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 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 my sources and broke $5,000 per month just two decades after. I dropped $5,500 through 2017 and thats not including side hustle work I did freelancing.
Blogging is going to take work starting out. That route to $5,000 a month didnt happen overnight but just like property 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 will continue to send traffic even when I take a little time away. .