What is Passive Income?

Passive income ideas and streams are an attractive option for those looking to supplement their income or achieve financial independence. Unlike active income, which is earned through traditional employment, passive income is generated without actively working. Instead, passive income streams are designed to provide regular, recurring income with minimal effort.

The beauty of passive income is that it can be achieved through various methods, each with its unique set of advantages and disadvantages. This post will explore ten passive income streams for beginners to help you get started on your journey to financial freedom.

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