Active income offers money flow to expenses and builds wealth, whereas passive income can offer long-term financial security, allowing flexibility, and the potential to achieve financial independence.
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You can save money from your active income, and then use it to invest to earn passive income. This is the best way to build passive income
eLdavis
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I already have some active income at the moment, my major goal or aim is to have more passive income this year.
People can use passive income sources to open their businesses if they passive income yield is relatively big.
I do love passive income more as it can offer long-term financial security, allowing flexibility, and the potential to achieve financial independence. I want financial freedom
that is why financial experts always suggest making income not only from one source, so if you work you can also invest in property or stocks to create passive income from rent, dividends or capital gains.
I .like Passive income, income that you can earn with relatively minimal effort, such as earning money from a business without much active participation
