King bell
VIP Contributor
With passive income, the income comes in passively. This means that you don't need to hustle, though you can make a little extra by selling your old stuff or doing side work. And if you are looking to eventually monetize your skills and make money from them , passive income is a must. If you don't have the time or energy to invest into making money with your skills you will never be able to devote yourself fully into developing and using those skills . There is also the advantage of being able to live off one or two streams of income instead of having multiple jobs that take up too much time and energy .
If you are not in the position where you have enough passive income to support yourself ( or a family ) or you are an aspiring entrepreneur , here are some tips that can help .
If you are not in the position where you have enough passive income to support yourself ( or a family ) or you are an aspiring entrepreneur , here are some tips that can help .