Have you dreamed of making money while you sleep? Did you even know that this is a possibility? The concept is called passive income and it plays a major role in obtaining financial freedom and wealth creation.

What is Passive Income? There are two primary sources of Passive Income:

  1. Ongoing Passive Business Income (business working for you).
  2. Investment Income (money working for you).

The basic principle behind passive income is to make money while you are not working. Unlike of a job, where you exchanging time for money, passive income sources focus on creating or buying an asset that creates a steady stream of cash flow.

Examples of Passive Income Sources

  • Vending Machines
  • Online Marketing Business
  • RENTAL REAL ESTATE BUY AN INVESTMENT PROPERTY Investment Properties, A Great Way To Invest Your Money
  • Stocks
  • Laundromats
  • Car Washes
  • Parking Lots
  • Investing (in Businesses, in Private Mortgages or Money Lending)

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