raaman
Valued Contributor
Active Income vs. Passive Income.
Depending on the activity you choose or consider for your online desire to earn some money, there are two ways in which you can earn money online, as active or passive income. Let us see their differences:
Active income: it is the income that you receive after carrying out an activity, such as selling your products or services on the internet. When you create a design, write a blog post or an article, or develop a niche website for a client, you will get paid for the work you have done and the time you put into it. In this type of income, when you don't work, you don't receive any income.
Passive income: they are those that are generated continuously after having carried out an initial action, but that does not require your time or dedication to continue receiving it from then on. Some examples can be creating an online course, doing affiliate marketing or monetizing a website with appropriate advertising.
There are more than thirty-five different ways to earn money online as active and passive income that really work. Some involve building your own website, but you will also find methods that are used by existing platform audiences.
Depending on the activity you choose or consider for your online desire to earn some money, there are two ways in which you can earn money online, as active or passive income. Let us see their differences:
Active income: it is the income that you receive after carrying out an activity, such as selling your products or services on the internet. When you create a design, write a blog post or an article, or develop a niche website for a client, you will get paid for the work you have done and the time you put into it. In this type of income, when you don't work, you don't receive any income.
Passive income: they are those that are generated continuously after having carried out an initial action, but that does not require your time or dedication to continue receiving it from then on. Some examples can be creating an online course, doing affiliate marketing or monetizing a website with appropriate advertising.
There are more than thirty-five different ways to earn money online as active and passive income that really work. Some involve building your own website, but you will also find methods that are used by existing platform audiences.