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[QUOTE="Mika, post: 263694, member: 29399"] Saving is not an income, even though they say a penny saved is a penny earned. There is a lot of difference between saving and earning. When you save money regularly, it cannot be labeled as passive income. When you save, it is your own money. Therefore, there are no profits attached to it. However, if you save money regularly and then when it accumulates and you save in high yield saving accounts, fixed deposit bank account, for example, and get a 9-10 percent annual return on your saving, that can be labeled as passive income. However, in order to earn passive income from a High-Yield Savings Account, you already should have a substantial amount with you. Even if you want to earn passive income from stock market investment, you need a lot of investment to receive high returns. The best way to generate passive income is by starting the business. [/QUOTE]
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