Augusta
VIP Contributor
Making money passively is allowing your invested money make more money for you. Looking at it, it seems a simple way of making money at a point but unfortunately a lot of people don't key into this for various reasons. But anyhow we want to look at this, making passive income is great and will worth ones time if done appropriately.
You might not be yet into creating passive income. The following might just be the reasons
1.Fear: A lot of people have not created any passive income because of fear of the unknown. You prefer to save your money and be sure it is safe than thinking about creating any passive income with it and then lose. Until this is killed it might not be easy to move beyond it.
2.Lack of finance: Having an idea of the kind of passive income to create is one but actually having the money to create it is another. So without the right finance it might be difficult
3.High scam level: With passive income there's high level of Scam which keep people away from investing in most of the investment schemes that are available
4. lack of knowledge: Some people have no knowledge of where to invest without high risk so the urge to start investing is almost zero.
What's your own reason?
You might not be yet into creating passive income. The following might just be the reasons
1.Fear: A lot of people have not created any passive income because of fear of the unknown. You prefer to save your money and be sure it is safe than thinking about creating any passive income with it and then lose. Until this is killed it might not be easy to move beyond it.
2.Lack of finance: Having an idea of the kind of passive income to create is one but actually having the money to create it is another. So without the right finance it might be difficult
3.High scam level: With passive income there's high level of Scam which keep people away from investing in most of the investment schemes that are available
4. lack of knowledge: Some people have no knowledge of where to invest without high risk so the urge to start investing is almost zero.
What's your own reason?