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Passive Income
Can you truly be wealthy without a passive income?
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[QUOTE="King bell, post: 292326, member: 75687"] When it comes to achieving wealth and financial freedom, the idea of having a passive income is often seen as the key to success. But is it really necessary to have a passive income to become wealthy? The answer is both yes and no. While having passive income is certainly a great way to become wealthy, it is not the only way. You can certainly become wealthy without passive income, as long as you have the right financial strategies in place. For example, you could focus on building up your savings and investing in stocks, bonds, and other forms of investments. With the right plan, you could potentially achieve a high rate of return on your investments, which could make you wealthy over time. You could also focus on building up a business that provides a steady stream of income. This could include starting your own business, becoming a consultant, or even investing in a rental property. With the right strategy, you could achieve a good income that could potentially make you wealthy over time. Finally, you could focus on building up your skills and using them to earn more money. This could include things like taking on freelance work, teaching classes, or even becoming a mentor. With the right skills and strategies, you could potentially increase your income and become wealthy over time. Overall, you can certainly become wealthy without a passive income. With the right plan and strategies in place, you could potentially build up a large amount of wealth over time. The key is to focus on creating multiple streams of income and investing in the right investments. By doing so, you will be able to achieve financial freedom and true wealth. [/QUOTE]
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Can you truly be wealthy without a passive income?
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