King bell
VIP Contributor
Passive income is known for its many benefits, but it's usually thought to be a pipe dream for most people. It's not difficult to understand why passive income is often overlooked: a lot of hobby sites and apps require an upfront cost from their users in order to access the content they offer. These website subscriptions can range anywhere from $10/month to as much as $20,000!
Despite this initial barrier, however, there are plenty of passive income opportunities out there that make it worth the investment before you know it. Depending on your skillset and personal goals, some passive income sources might provide more immediate returns than others.
Passive income, on the other hand, is income that you dont actively work for. This type of income typically comes from different sources: rental properties, dividend paying stocks and bonds and so much more. Youre still putting in effort by starting these endeavors, but the amount of time required is usually less than what you would need from an active job.
Despite this initial barrier, however, there are plenty of passive income opportunities out there that make it worth the investment before you know it. Depending on your skillset and personal goals, some passive income sources might provide more immediate returns than others.
Passive income, on the other hand, is income that you dont actively work for. This type of income typically comes from different sources: rental properties, dividend paying stocks and bonds and so much more. Youre still putting in effort by starting these endeavors, but the amount of time required is usually less than what you would need from an active job.
