Lets see what Wikipedia has to say about Passive income,

Passive income is a rent received on a regular basis, with little effort required to maintain it.
And now lets see what the Oxford dictionary has to say about Passive income
passive:acted upon and not active ;
income:money received as wages
What Oxford dictionary says isn't different from what wikipedia says. In short passive income is lazy money earned on regular basis. This is the topic for this blog and yes we(both you and I) are going to explore the possibilities of generating passive money.

Who would like work 9 to 5 whole life? Not me! So lets start generating passive income and become less dependant on our day jobs. When our passive income outweighs the day job active income, then we can kick our boss and live our life the way we want. In other words, by exploring passive income we can have financial freedom for our life. Surely, its not gonna be achieved very easily or quickly but there are lots of stones to break.
I am gonna regularly update you on passive sources of income and share my tips and tricks which I will learn in this journey of generating passive income sources with you. I look for your support and co-operation, because I am not a total expert in this field and hey like I said 'I am learning' in this process.

0 comments

Post a Comment