Are passive income reliable source of money?

King bell

VIP Contributor
Passive income is a form of income that's not dependent on the performance of a company or individual. Instead, it relies on its own merits. Passive income can be earned through investments, savings, discounts, royalties, goods and services sold without the active effort of earning money.

Passive income may not be a reliable source of money, unless the business and financial plans are stable. It would be wise to compare the potential performance of passive income with that of active income for a better comparison.

Passive income is not only applicable for growing any kind of businesses, but can also be a form of earning money from household work. It is important to look at the context before jumping into passive income to avoid losing money.

Passive Income has been considered as reliable source of income since this source does not require too much investment compared with other sources. Since most entrepreneurs are always looking for their next big idea, they need a reliable source that will provide them with moderate growth in return without taking too much risk from their part.
 

Augusta

VIP Contributor
Passive income is a very great source of income that one can see and use as a very reliable source of income. it is a lot better if one will be using passive source like real estate as a source of passive income and if properly done one can be sleeping and money will still be madem

The thing is that making money passively is the way to go we all need that one source of income that can live longer even when we are gonr. The only way this can be achieved is through passive income if one even works as a top executive and drop dead the next moment in just few months his or her salary will he stopped and if the family were dependent on such salary then it will smells doom for the family. but this can't he so for a passive source of income.
 
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