ON ACTIVE INCOME AND PASSIVE INCOME

in #business6 years ago

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Stop wasting time depending on income from a nine to five job when you can earn passive income from doing next to nothing.

Most people don't even want to be open to other opportunities out there. They are just stuck on landing a white collar job and living on income from there. Most times, because of the situation of things in the economy, they aren't able to land those jobs. Chances are very slim these days reason being that you're competing with hundreds of others applicants.

Am I right?

I mean, sure, it looks like the safe way to make an income, but all over the world wages are growing slower than cost of living (and job security is not what it used to be)

Again, earned income is fine. But as you know, you can only work so many hours in a week.

What you should spend time building instead is multiple streams of PASSIVE INCOME.

Passive income is income resulting from cash flow received on a regular basis, requiring minimal to no effort by the recipient to maintain it.

And some of the best ways to build passive income is renting out stuff, investing in bonds, real estate, digital content creation, network marketing, leveraging the blockchain or simply owning a business run by other people.

In conclusion, be open to other opportunities and grab them with both hands when you eventually find them. A little passive income on the side wouldn't hurt.

Have an amazing day!

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