What is passive income

December 31st, 2009 by admin

Passive income is income generated for you without active effort. It is what people talk about when they joke about making money in their sleep. However that is a reality and not a joke for some who have set about how to make money online. Some people dismiss passive income as they have failed to become rich. However making money online is not about get rich quick schemes, but about building assets. The amounts that you may earn at the outset may seem insignificant but with effort you can watch them grow into healthy, recurring income. With consistency and discipline, passive income can overtake employment  income. There are many ways you can make money online to generate passive income if you know how. 

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