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Beyond The 9 5 Unlocking Passive Income Nikhil Kotta

  • SKU: BELL-57830814
Beyond The 9 5 Unlocking Passive Income Nikhil Kotta
$ 31.00 $ 45.00 (-31%)

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Beyond The 9 5 Unlocking Passive Income Nikhil Kotta instant download after payment.

Publisher: Independent
File Extension: EPUB
File size: 1.32 MB
Author: Nikhil Kotta
Language: English
Year: 2024

Product desciption

Beyond The 9 5 Unlocking Passive Income Nikhil Kotta by Nikhil Kotta instant download after payment.

Passive income is often misunderstood, yet it’s a crucial concept for anyone seeking financial stability and freedom. At its core, passive income refers to earnings derived from a source in which the individual is not actively involved on a regular basis. Unlike a conventional 9-5 job, where income is directly tied to the number of hours worked (active income), passive income streams provide earnings that continue over time, even when you’re not actively working on them.

Examples of passive income include rental property revenue, earnings from a business in which you’re not actively involved, and investment returns such as dividends or interest. In the digital age, passive income also extends to earnings from online content creation, such as blogs, eBooks, and online courses, where the initial effort can continue to generate income long after the work is completed.

The significance of passive income lies in its potential to create financial stability and independence. With a well-structured passive income stream, individuals can reduce their dependency on their primary job, gain more control over their time, and build wealth more effectively. It’s a way to break free from the traditional time-for-money trade-off, allowing earnings to accrue even when you’re sleeping, vacationing, or focusing on other pursuits.

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