-
Benefits of Passive Income
Going into the details of why passive income is important without making clear the meaning can be pretty confusing for some people, so I am going to make it clear to you the meaning of passive income before talking about its benefits. What Is Passive Income? Passive income is that income that you receive without putting much effort, most times it requires very much lesser commitment, requirement and also maintenance. What are we saying here? The big factor hiding behind, commitment, maintenance and requirements is TIME. Unlike active income where if you don’t invest your time in what you are doing, you may end up running out of cash,…
-
Why You NEED Other Sources of Income
In our world today, one minimum wage job simply won’t be enough for most people. And so everybody needs to realize that there is always enough time to do everything. Here’s something that might help you decide why you need a second source on income and that you can. We All Have 24 hours in a day 24 hours a day is 168 hours a week. How are you spending your time? A regular full-time job takes about 35-40 hours a week. What do you do with the remaining 128 hours? Are you keeping up with the math? We will be talking about weekly timelines in hours. IF you…