US EditionHow to Create a Steady Stream of Passive Income
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How to Create a Steady Stream of Passive Income
Understanding Passive Income: What It Is and Why It Matters Passive income is defined as earnings derived from a venture in which a person is not actively involved on a daily basis. Unlike active income, which is directly tied to an individual’s labor and hours worked, passive income functions as a independent revenue stream that continues to generate cash flow with minimal ongoing effort. Common examples of passive income include rental income,…
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