Passive Income. Everyone today desires for a passive income. Everyone wants to make money without doing anything. But, most of the people don’t have a mindset of making passive income. Let’s try to understand this by doing one simple exercise. Think for two minutes and answer one simple question. In the future, how you visualize your cash inflow? In other words, what will be your main source of earning in the future? I am 100% sure that maximum people have […]
A Passive Income is a key of achieving financial independence. The Famous Investor guru Warren Buffet always says “If you don’t find a way to make money while you sleep, you will work until you die”. The crux of above saying is you must generate a passive income, else you will never achieve financial independence. Let’s try to understand this with an example. When you think about your work life it’s finite. You will stop working someday, if not now, […]
My friend work very hard and he keeps on finding ways to generate more income. He says he wants to become financial independence as early as possible. Many people today wants to become financial independent just like my friend. To help all these people I am herewith 10 passive income generation ideas. As we all know there are two types of Income Active income and Passive income. Active Income:- Active income is income earned by doing job or service. In […]