7 Passive Income Streams: Make Money With Little (or No) Effort
- 8 months ago
7 Passive Income Streams: Make Money With Little (or No) Effort
Passive income — money not derived from active involvement such as a salary — can come in a variety of flavors. While the concept may be intimidating for novices, there are some ways to generate passive streams with little or no effort.
“Passive income is the financial sweet spot where money works for you instead of the other way around,” said James Allen, CPA, CFP, founder of Billpin.com. “The key to passive income is patience. It’s like growing a garden. You plant the seeds, water them, and wait. It might take time, but the harvest can be bountiful.”
Side Gig: Earn Up To $200/Hour With This Easy-To-Start Job, No College Degree is required: How To Get Cash Back on Your Everyday Purchases
Passive income — money not derived from active involvement such as a salary — can come in a variety of flavors. While the concept may be intimidating for novices, there are some ways to generate passive streams with little or no effort.
“Passive income is the financial sweet spot where money works for you instead of the other way around,” said James Allen, CPA, CFP, founder of Billpin.com. “The key to passive income is patience. It’s like growing a garden. You plant the seeds, water them, and wait. It might take time, but the harvest can be bountiful.”
Side Gig: Earn Up To $200/Hour With This Easy-To-Start Job, No College Degree is required: How To Get Cash Back on Your Everyday Purchases