Passive Income

Passive income 

Passive income is income that requires little to no effort to earn and maintain. It is called progressive Passive income when the earner expends little effort to grow the income. Examples of passive income include rental income and any business activities in which the earner does not materially participate.

Passive income is any money earned in a manner that does not require too much effort.

Passive income can be a great way to help you generate extra cash flow, ... you face the risk of default, meaning you could end up with nothing.

# What are the most popular Passive income ideas?

There are lots of popular Passive income ideas. The most popular include investing in the stock market, owning real estate, investing in a business, and even simply keeping your money in a high yield savings account. All of these approaches generate passive income, but they do require up front capital.

# Does Passive income really require “no work”?

This is a myth. Passive income always requires something up front: time or money. However, the idea that it becomes passive after you do the work is what's alluring about it. For example, you spend 6 months writing a book, and you can enjoy the royalty income from your book for the rest of your life without any further work. That's not to say that doing more work won't boost your income, but there is an element that requires nothing more to earn.

# Does Passive income really work?

Yes! Passive income is how the rich continue to build wealth. When you don't have money, you can leverage your time and effort to create income streams that will grow into the future. As you accumulate money, you can deploy that money (and even combine it with your time) to generate more and more Passive income.

# What are some examples of Passive income?

Investing is a great example of Passive income. You invest money in a company stock, and you receive a dividend payment and appreciation on the investment. Another popular example is real estate. You buy a property, and you enjoy the rent as passive income.

# How do I generate Passive income?

Passive income is the idea that you deploy time and/or money and receive income with no further work. You have to do something to generate Passive income up front, but then you can rely on that income into the future.

# Where can I invest to have Passive income?

If you want to invest to generate Passive income, dividend stocks and mutual funds are great ways to do it. You can also invest in debt instruments, like bonds. If you want a safer approach, you can invest in a money market account or CD to get a risk-free return on your money.