Passive Income

One of the key features of financial wealth management is passive income. The word “passive” describes the core value of this type of earning method. Some passive income streams may require a little more initial work and investment than others, but in general, it does not require a significant commitment of time.

You become financially free when your passive income exceeds your expenses.

Some passive income streams are more popular and accessible than others. However, they are all important for people who want to improve their financial situation and earn additional income through diverse streams, helping them achieve freedom and not having to rely on one single source of earning.