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Passive Income
What is passive income and why should you care?
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[QUOTE="Mika, post: 346766, member: 29399"] You go to your office and spend 8 hours working. Or you work from home and work for clients for 8-10 hours. Both of these methods are active income. Active income means you work actively and make money. Passive income on the other hand is an income that you generate without working actively. Let's say you published a book and this book draws royalty on a regular basis, or let's say you bought some stocks and these stocks give you dividends. These are passive income. [S][/S] [/QUOTE]
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What is passive income and why should you care?
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