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Elizabeth V.

@elizabethvv67

Active vs Passive Income

Active vs Passive Income

There are 2 types of income:

Active Income: You are trading time for money. In order to make money you must perform something. Every day you start from zero.

Passive Income: You do not have to be present to generate income. Things like real estate, stocks, bonds are sources of passive income. You are literally making money while sleeping.

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IDEA EXTRACTED FROM:

The Cashflow Quadrant - Why The Rich Get Richer

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