Active Income v/s Passive Income

Last time we had an overview of Passive Income. We had a look at what reliable sources define its as and also we came to know that they said nothing different.

Now a passive income is one which we are getting paid for what we 'did' and active income is one which we 'do' to get. What this means is that 'passive income' is such an income which is recurring one which we are getting for the setups or things we did in the past. Active income is mostly the one we get when we do the work; for eg. 9 to 5 job or getting paid on hour basis which is a source of frustration and financial stress for most.

In the real offline world people invest in rental property to gain fixed passive incomes or give properties for lease.

In online, there are many opportunities and the lazy income is far more than that can be achieved by activities offline.
Its like planting a money sapling and then just water it to see it grow into a plant, then pluck the money-Its yours!

Now lets see what can we do to get passive income for life online....

• Ebook selling for sure! For that we have to do a lot of research and find out what answers are people looking for and then wisely and professionally answer those question in an ebook which can be sold for a price tag. Passive income for life!!...
• Affiliate Marketing yet another passive source of income. Its easier than creating e-books. Sign up to a dozen programs and cash in the affiliate money by placing banners in your blog or website. No big deal!!!
  

More ideas to come...Subscribe to How to Create Passive Income.