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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 require a good deal of work.

Passive income is money you make out of a solution or an investment where you dont need to do any more work after 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 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 share my seven favorite passive income resources, income streams I use to create money each month. Now Im not going to sugar coat this, a few of them are going to take work but may 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 work through into the ones youll make the maximum money on as we proceed through the list so be sure you stick around to grab those last couple of passive income plans. .

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Our very first facet holiday idea is with bargain websites like Swagbucks and TopCashBack. Now these are actually two different kinds of passive income thoughts since theyre different types of websites.

Swagbucks is a get-paid-to website so that you get paid to do things like take surveys, play video games, watch movies and try out free product samples. Doing all these, 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 your 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 that the money works out to just under $2 an hour this isnt something thats going to make you wealthy. Youd need go to the website 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 that you can take action when youre doing something else so I flip through polls and other things while Im cooking dinner or even flipping channels. .

Swagbucks is offering a $5 cash bonus just for signing up by using their special offer so sign up here to snag your bonus money.

Passive Income In Iran - Passive Income Ideas for Dummies


TopCashBack is an online shopping cash back website in which you get a percentage discount on anything you buy online. What you do is start in the TopCashBack website then click through one of the 4,000 retailers using a cash back program.

These are everything from Nike to Home Depot and you also get from 3% to 25% cash back on anything you purchase. Youre still shopping directly on the retailers site so you receive all the other discounts and bargains they offer, you just get an additional bonus for going through the TopCashBack web 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 wealthy because you need to buy things to get the money back but its 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 huge fan of the term blogger because it sounds just like youre only writing random notes on a website. In fact, owning your own piece of electronic real estate is large 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 holiday work I did freelancing.

Blogging is going to require work starting out. That path to $5,000 per month didnt happen overnight but just like property development, it build an asset that now creates constant cash flow whether I work or not. 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 away. .

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