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Most people have one stream of income: their job. You could lose everything without saving and investing your savings in assets that generate additional income streams. What do you do if you put all of your eggs in one basket?
Discover strategies for creating passive income and learn how to live a less stressful and more productive life with The Passive Income Primer eBook!
The Passive Income Primer eBook is for folks who are tired of working from 9 to 5, who want more freedom and more cash flow, or who just want to make more money from their money. It is designed to help people of all backgrounds accumulate wealth with relatively-little effort, allowing them to devote more time to hobbies, spending time with friends and family, or simply resting. The dream of most netizens is to earn a passive income. There's nothing like getting up in the morning and discovering that you've made money while you were sleeping.
Most people believe that the way to financial success is working a salaried job, diligently saving, and being careful in spending. Author Tom Corley conducted a five-year study on the habits of wealthy people. Based on the responses of over 200 millionaires, he concluded that most generated their income from numerous passive sources. This makes a lot of sense: the other streams can help you keep going without dramatically downgrading your lifestyle when one stream is negatively affected.
While these streams require a significant amount of work to get started in the short term, they will be more than worth the time, effort, and energy. Examples of passive income sources include real estate investments, royalties from book publishing, and interest from a high-yield savings account. People usually set up a passive income source (either in addition to or instead of their full-time job).
This resource will take you from novice to ninja in short order. You will acquire numerous passive income ideas, whether it's for investments, eCommerce, renting, marketing, or self-improvement. This eBook is an effective way to start earning an easy passive income through the plethora of opportunities available. In this eBook, you will get to know the insights of passive income and how it may help you live a more prosperous life without compromising time with your family or pursuing your dreams. Creating a passive income stream can help you earn extra cash, develop a secure retirement plan, or help achieve financial freedom. By the end of this eBook, you will be familiar with the pros and cons of creating passive income. It will give you a list of possible business ventures. So fasten up your belt and prepare for an exciting ride!
This eBook includes: - A detailed personal narrative that will engage your big “why” and leverage your desires into a profitable passion - A comprehensive Passive Income Self-Evaluation Guide that will help you in understanding your current financial strengths, weaknesses, opportunities, and shortcomings - Ten categories of passive income strategies, including investment - Engaging infographics that narrate relevant industry trends -Direct leads to dozens of passive income related services and products
© 2022 Firstsong Publishing (E-bok): 9781839784606
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E-bok: 1. april 2022
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