Active income means you make money as long as you work, passive income means you make money with no or minimal work. Your job is an active income source, If you collect dividends on your stocks or collect rent, that’s your passive income. You will have to balance your active and passive income for financial security. Abruptly giving up your active income can lead to financial instability, and not having any passive income source will also create problems in your life.
Do you have active as well as passive income? How do you balance your active income and passive income?
Do you have active as well as passive income? How do you balance your active income and passive income?
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