While most of the people struggle to earn some money and work whole day for somebody else. There are people who just don’t have to work anything and receive money. I know you will said how that is not fair and that is not correct. But, on the other hand there is people who are always in some kind of the troubles, always in fight with them self and with others.
So, first group did a job once and now they can receive passive income and enjoy their lives. Second group don’t understand the rules and doing it in a wrong way. So, here you will find out what is passive income and what are the rules. 🙂
Passive income
What is Passive income? It is one of the best ways for earning money! That is also one of the most biggest difference between Successful people and those who are not. Successful people work on their Passive income, those others not. Things are pretty simple.
When you receive money every month for a one time job. That is passive income. Who usually have it?
Investors
Let say you invest in the big building and you rent apartments
Book writers
You can write a fantastic book and receive Passive income just like author of Harry Potter did it
Musicians
You can be famous musician and receive money every time some radio station put your song or sells CD or now on Itunes
This examples are very simple and everybody knows them. There are lot of different ways. You can even start your passive income business online. Just click here.Â
Understand the rules
Most of the people don’t understand the rules. So, they are in the workers net, what is the same as fish in the fisherman net. No, water, no space, waits to die. Most of the people work for a whole month to receive paycheck. Those guys who have passive income they get only paycheck and they done work once before.
They understand the rules. They build a business which will bring them Passive income, they do not trying to find jobs. If they do some job it is ok, to survive, but in the same time they build Passive income business. Because that business will give them time and money in the same time. It don’t have to be millions, enough will be that you have 5000$ and all free time in the world. If you understand this rules, than it will be much easier for you.
Time or money
It was always a debate on that. What is better to have lost of money and no free time or to have a lot of free time without money. Ok, it is much easier to have free time without money. Lot of people have that and don’t have enough money to survive. So, the best way is to have both. On that will agree everybody. So, find a business which can provide you passive income. If you don’t know which one that should be than click here on this link and you will find a way to your problems.
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Great breakdown on passive income Hrvoje!
The beauty of passive income is when you do the work CORRECTLY the first time, it can bring in money when you don’t have to.
Dr. Lisa
Yes dr. Lisa do it once in a correct way and collect money always. That is great way of living! Thank you for visiting!
Great post Hrvoje, passive income in my opinion is the best income, after all we have residual bills, why not have passive residual income to pay them. Thanks for sharing.
That is right Keith! Thank you for visiting!