Introduction
Passive income is a key element in achieving financial freedom. It allows you to earn money without actively working for it. Instead of trading your time for money, passive income gives you the opportunity to generate revenue through investments that continue to generate income over time.
What is Passive Income?
Passive income refers to any earnings that are generated with minimal effort or involvement. It is income received on a regular basis that requires little to no effort to maintain or increase. Unlike active income, which is earned through direct work and effort, passive income is more hands-off and does not require your constant presence.
