Mika
VIP Contributor
For many people, their job only covers their basic needs. If they want to buy a house or a car, their salary won't be enough. And if they have big expenses like healthcare. child support, etc. their job might not help. Having extra income though side jobs can help but some people can't work more hours to earn more money. Thus, they live miserable all through their life. So, the solution is to have passive income. With passive income, you make money without working every day. You might earn from something you did in the past or from something that doesn't need much ongoing work. Passive income can help with emergencies, luxuries, and building wealth.
