Category: Passive Income

Passive income is a type of income that you can earn with little or no ongoing work. It is different from active income, which is the money you get from a job or a business that requires your time and effort. Passive income can come from various sources, such as investing, renting, creating, or selling something. Passive income can help you achieve financial freedom, diversify your income streams, and save time for other pursuits. However, passive income is not easy to create or maintain. It often requires upfront work, capital, or skills.