Passive Income In Iran - Passive Income Ideas Fundamentals Explained

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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 take a lot of work.

Passive income is money you earn out of a solution or an investment where you dont need to do any more work once you put this up. That means consistent cash flow each month whether youre working or not.

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Thats the only true 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.

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

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Im going to start with the easy passive income ideas, the ones which 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 list so be 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 because theyre different types of sites.

Swagbucks is a get-paid-to website so you get paid to do things such as take polls, play video games, watch videos and try out free product samples. Doing all them, you earn points which 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 your time. Swagbucks consumers 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 the money works out to just under $2 an hour this isnt something thats going to make you rich. Youd have 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 it when youre doing something else I flip through polls and other things whilst Im cooking dinner or even flipping channels. .

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TopCashBack is an online shopping cash back website where you receive a percentage discount on anything you buy online. What you do is start at the TopCashBack website then click through one of the 4,000 retailers with a money back program.

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

TopCashBack is a little 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 find the money back but its completely free money on the things you were going to buy anyway. .

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Our next passive income notion is blogging. Im not a big fan of the term blogger because it sounds like youre just writing random notes on a site. In reality, 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 a couple of decades later. I averaged $5,500 through 2017 and thats not including side hustle work I did freelancing.

Blogging is still going to require work starting out. That path to $5,000 a month didnt happen overnight but just like real estate development, it build up an asset that now generates here are the findings 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 visitors even if I take a little time away. .