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Friday, September 5, 2008

Active Income vs Passive Income

passive income
Remember my friend, there is no free lunch. You want to get your lunch, then you have to work for it. So, what is the different between active income and passive income if we still need to work? The difference is when we've successfully build our passive income, the system that we already have on it will make us easier to generate more money comparing to active income. In active income, we spend same time everyday to get the same amount of money, again and again. Passive income is about to build massive system to generate unlimited income for life. When we get success in one system then we can duplicate or improve that system to generate more money for us. Need an example? Okay.. How much do you paid to work for 8 hours a day in your ordinary work? Let's say you get US$5,000/month. This is your earning for active income. How about the opportunity in passive income? I'll take google adsense as an example. We build one simple website, load it with adsense code, and we successfully generate US$20/day. That means we earn US$600/month just with one simple website/blog. If we build 10 simple websites? That's equal to US$6,000/month. How about 100 websites? It is not difficult at all if we know how to generate income using one simple adsense website. Use the same proven system and you will be able to reach your dream, with a little effort of work at last. That doesn't mean you can doing nothing in the beginning. In fact you have to working hard to make the system work and make it happened eventually. With active income, you spend all your time in your office, have "a great day" with your boss :( and low quality time for your lovely family. The good thing about active income is you have safety monthly income for your family until you get fired. In other hand, with passive income you need more time at the beginning to build the system, and might be cost as well. The good thing is you could do this in your own comfort home and you have time for your family. When you successfully build the system works for you then the risk is you could multiple this system, work in the comfort of your lovely home and still have a great quality time for your family. Which one is your choice? It's your call now. Financial freedom is never about lazy life. Financial freedom is more about you have enough money to cover your needs and free of debt. Good luck

1 comment:

Whats In A Name said...

Hey,
Came here from Link Refferal..
Is it a reality that people make upto 50 dollars per day from blogs???

I have recently started my own blog and all I earn is upto 1 dollar a day...