Passive Income In Iran for Dummies
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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 require a lot of work.
Passive income is money you make from a solution or an investment in which you dont have to do any more work after you set 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 you will be free from worrying about money and the only way you will ever achieve financial independence.
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Im going to begin with the simple passive income ideas, the ones you can start making money on instantly and will work through into the ones youll create the maximum money on as we go through the listing so be sure to stick around to catch those last couple of passive income strategies. .
Swagbucks is a get-paid-to website so you get paid to do things such as take polls, 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 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 your time. Swagbucks consumers have redeemed over $344 million in 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 rich. Youd need 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 take action when youre doing something else so I flip through polls and other things while Im cooking dinner or flipping channels. .
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.
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TopCashBack is an online shopping money back website where you receive a percentage discount on anything you buy online. Everything you do is start at the TopCashBack website then click through one of those 4,000 retailers visit using a cash back program.
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 retailers website so that you get all the other discounts and bargains they offer, you simply get an extra bonus for going via the TopCashBack site first. .
TopCashBack is a little better with the ordinary cash back around 6% of your purchase so if you spend $1,000 online youre going for $60 back. Again, not something my response thats going to make you wealthy because you need to buy stuff to get the cash back but its free money on the things you were going to buy anyway. .
Getting My Passive Income In Iran To Work
Our next passive income notion 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 property is large money.
I started my own sites in December 2014 and broke $5,000 a month just a couple of years later. I averaged $5,500 through 2017 and thats not including side hustle work I did freelancing.
Blogging is going to take work starting out. That path to $5,000 a month didnt happen overnight but only like real estate development, it build up an asset 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. .