The Automated Wealth Blueprint: Building a Passive Income System for Financial Freedom
The Automated Wealth Blueprint: Building a Passive Income System for Financial Freedom Image Credits: Freepik Chapter 1: What is Passive Income? What is Passive Income? Passive income is money you earn without working all the time. It’s like planting a tree that grows fruit for you to pick whenever you want. You do some work at the beginning, but then the money keeps coming in, even when you’re sleeping or playing. Active Income vs. Passive Income Let’s talk about the difference between active income and passive income. Active Income : This is money you earn when you work. For example, when you have a job and get paid every month. If you stop working, the money stops too. Passive Income : This is money you earn even when you’re not working. Imagine getting paid for something you did a long time ago. The money keeps coming in without you having to do anything more. Type...