1/3/2023 0 Comments Best forms of passive incomeIf the only way you have to make money is to go to the office, you will never be able to quit! Let me be clear: as much as dreaming is nice, and some residual income opportunities require less work than others, most passive income ideas need you to put in some (or a lot!) of effort initially.īut the amazing thing about passive income is that no matter how much work you have to put in upfront, you will reap the rewards for years to come without having to sweat for your money all the time. Passive income is money you make without the need to actively working for it every day. This lack of income can become a huge problem if we don’t have any other money coming in while having bills to pay every day. If for any reason, we don’t go to work, then we don’t get paid. We go to work every day and give up our free time in exchange for money. If you want to understand the real meaning of passive income, you need to know what active income is first.Īctive income is what most of us make. BEST FORMS OF PASSIVE INCOME HOW TOSo I began researching how to make passive income a reality.īut is it really possible to make money by doing nothing? What is passive income? That’s when I became obsessed with passive income and ways to make money while you sleep!Īfter reading bookslike The 4-Hour Workweek and Rich Dad Poor Dad, I knew there were ways out there to make enough money to replace my full-time income without working every day, but I had no idea where to start. I really couldn’t spend another 30 years in a job, working 60+ hours a week! But to have freedom, I still needed to make money somehow. I worked in an office for many years (what people call 9 to 5, but I called 9 to 9), and I got burnt out. Are you ready to make money without having to work every minute of your life? I will share with you how to generate extra money in 2021 with real passive income ideas.
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