Are you thinking about how to build financial freedom through passive income and wondering where to start? As with other things in life you can’t just wake up on day one and run a marathon. You need to take small steps and build up over time. Let’s break down how you can eventually get that […]
Tag: passive income
Is Residual Income Good?
I don’t know why the question “Is residual income good” gets asked but let’s answer it once and for all. What is residual income? Residual income is income you receive on a regular basis without doing the work needed to create it any longer. This means you did some work to build a business, buy […]
What Are Some (26) Examples Of Passive Income
As a writer I am partial to being direct and to the point, the same can be said of what I like reading. So you may ask, what are some examples of passive income options- here’s a list of ideas I’ve gathered. 26 Ways to make passive income Real estate investing I put this one […]
What Is Passive Income
Most people struggle financially because they only have one source of income. Primarily speaking the money most people earn is through a job after one or two weeks of work and then they spend it. There is another way of getting paid and that is by doing work once that you get paid for multiple […]
The Difference Between Residual Income And Passive Income
There can be a lot of confusion about which terminology to use when talking about residual or passive income. In short, they are the same, however passive income as a phrase is much easier to use in marketing. Let’s look at some definitions to see which ones fit when combined with the word income afterward. […]