4 People earn income

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Hi!

Not the most usual way of starting a Blog

But them I am excited by this one HI! have I got something here for you.

Want to earn a passive income!

Uh! whats a passive income? a lot of people do not know what it is so here is a bit of info

One obvious example of passive income is the interest accrued by a savings account – this is all very well while you have savings in place, but the problem with this kind of income is that it is residual, meaning that in order to maintain the income stream, only the residual part can be used. If you fall upon hard times or the interest rate drops dramatically you might have to start spending your lump sum, then of course the passive income disappears along with your savings. Not an ideal situation and it demonstrates the fragility of residual income.

The best bit

The best kind of passive income then is continuous and does not rely on a lump sum. Once the wheels have been set in motion then no further action is required for the income to be generated, or as the Wikipedia definition states; “without continuing effort” – Quite simply, it happens all by itself! Sounds good to me

So what I have I got to show YOU?

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