What is Passive Income

ebook MFI Series1, #70 · MFI Series1

By Joshua King

cover image of What is Passive Income

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You don't want to work your entire life, do you? I sure as heck don't. That is why I am building a stream of passive income every day. But what is passive income?

Passive income is revenue where you don't exchange time for money. After you complete your project, the income will continue to generate. Let's do an example.

If I work as a manager at a home improvement store, I make a salary. If they let me go, my paycheck would cease to continue. I would need to find another job to have a steady income to pay my expenses.

However, if I were investing in dividends the entire time, that revenue would continue to flow, whether I had a job or not. That is the magic of passive income.

Inside, I explain more about passive income and give you access to more books that you can download. You will have enough information to start building your passive income streams soon!

What is Passive Income