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Passive Income
Is passive income better?
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[QUOTE="Mika, post: 260934, member: 29399"] Passive income is better than active income in many ways. When you have a passive income source, you do not have to work as much as when you are working with an active income. Active income requires you to work 9-5 or even longer period of time, however, passive income requires you to work just 3-4 hours in a day, some passive income methods do not even require work, you just can go to sleep and you will make money. This is the main benefit of passive income. Another major benefit of passive income is you pay less tax. When you are with active income, you are mainly earning earned income, which tends to have higher taxes, but passive income sources have lower taxes. However, before you can earn the passive income you will have to work hard, maybe 12 hours a day. It takes a lot of time to build passive income. [/QUOTE]
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