Do You Have a Passive Income Source (1 Viewer)

[Nomad]

I have a passive income source but it brings me very little money. You will be able to generate passive income when your business, investment or creative work keeps generating money even when you don’t work for it. If you have published a book, and it continues to sell, you earn royalties, which is passive income. Or if you have created SaaS product and it continues to sell subscription, you have passive income. For passive income, you need to build systems that work independently without your involvement.

 

[uptrendfinancialsignal]

Passive income is interesting in theory but building it is the real war. Everybody online talks like money just magically enters your account while they sleep. Meanwhile most passive income streams need serious active suffering first.

 

[Cpvr]

Passive income is interesting in theory but building it is the real war. Everybody online talks like money just magically enters your account while they sleep. Meanwhile most passive income streams need serious active suffering first.

That's right, however; once passive income sustains it's stream, it is pretty good for you.

It takes a while to build up and sustain, but it is well worth it in the end.

 

[Maya]

I have invested in the stock market and I get dividends quarterly. I also have invested in Mutual Funds. I earn passive income

 

[lovely]

Not for now but I'm saving money to have one. I want to go into real estate and I know that I would achieve it soon I want landed property.