The Basic Principles Of Passive Income In Iran

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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 some of them require a lot of work.

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

The Ultimate Guide To Passive Income In Iran - Passive Income Ideas

Thats the only true way to financial freedom. Passive income is the only way you will be free of worrying about money and the only way you will ever achieve financial independence.

Im going to share my seven popular passive income resources, income streams I use to create 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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The Ultimate Guide To Passive Income In Iran

Im going to start with the simple passive income thoughts, the ones you can start making money on instantly and will work through into the ones youll create the most money on as we go through the listing so make sure you stick around to catch those last few passive income plans. .

Our first side holiday idea is with bargain sites like Swagbucks and TopCashBack. Now these are actually two different types 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 such as take surveys, play video games, watch movies and test out free product samples. Doing all them, you earn points that are ordinarily convertible to one hundred points for a dollar.

The Main Principles Of Passive Income In Iran - Passive Income Ideas

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 users 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 that 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 visit the website $5,000 so thats about three and a half months, non-stop. The thing with Swagbucks though is you can take action 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 site where you receive a percentage discount on anything you buy online. What you do is start in the TopCashBack site 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 percent to 25% cash back on anything you purchase. Youre still shopping directly on the retailers site so that you get the rest of the discounts and bargains they offer, you just get an additional bonus for going via the TopCashBack web site first. .

TopCashBack is somewhat better with the average cash back around 6% of your purchase so in the event that you spend $1,000 online youre going for $60 back. Again, not something thats going to make you rich because you need to buy things 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 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 websites in December 2014 and broke $5,000 per month just two years later. I dropped $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 per month didnt happen overnight but only like property development, it build up an asset that now generates constant cash flow if I work or not. I receive over 30,000 visitors a month from Google search Continued rankings, rankings that will continue to send traffic even if I take a little time off. .