Build your cash flow before passive income

[magnus2022]

If you are not making substantial amount on regular basis, you will find it difficult to save for raining days. Therefore, the first step is to make sure you build your active source of income before making moves to passive income.
Once your income is not above your expenditure, the likelihood your saving plan to succeed is very limited

 

[Augusta]

That's right to help you provides financial support and future stability, which results in the financial momentum to manage yourself, your time and your assets.

 

[Fidelia]

If you are not having money to meet your needs today, you might die of hunger before your passive income starts to yield.

 

[magnus2022]

If you are not having money to meet your needs today, you might die of hunger before your passive income starts to yield.

Oh! You cracked me to pieces! I better eat food and fill my belly before investment! It is a living person that can do investment!

 

[Kross]

It is a rational thing to settle your needs first before you think of having investment. Short term needs have to be fixed first and that's the stage that most of us are in.

 

[Augusta]

Oh! You cracked me to pieces! I better eat food and fill my belly before investment! It is a living person that can do investment!

That's right we just have to follow a due process as we hitch towards investing today to make good of our investments process

 

[Springtime]

Before anything else, we need to work hard to earn money. Otherwise, we cannot save money or make investments. When you have a relatively stable active income, you can think of sources of earning passive income.

 

[King Belieal]

Personally, I had to start a business that gives me quick income regularly and stabilize it. Then, I start pushing into investments.

 

[Fire&Rain]

Building first is the best. Once you have built enough you can be able to invest which will work positively for you. Problem is people are too quick to jump into investment without building first.

 

[Augusta]

Building a passive income stream through investments can improve financial security and provide stability

 

[eLdavis]

You are right though, at the end of the day you also need to invest capital to get a passive income flow.