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How to build passive income

Atualizado em 2023-03-14Leitura ~1 min
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"Wealth works for you while you sleep.

Warm up question

What is income? Is a person who has a high salary rich?

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Passive income is money that you make without having to actively work.

Building passive income takes time and effort, but it can be good in the long run.

Some tips on how to build passive income:

  1. Rent a room: You can rent a room in your house and have an extra income.
  2. Create digital products: You can write ebooks, take pictures, record songs, develop a website, and make money online.
  3. Invest in stocks: Some stocks pay dividends. If you have more stocks, you receive more dividends.
  4. Create an online course: If you are an expert, you can create an online course and sell it online.
  5. Invest in real estate: You can charge rent. Real estate tends to increase in value in the long run.

Passive income can be a great way to supplement your regular income. Be patient and work to build your passive income

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Discussion Quetions

Which is better passive income or active income?

What rich people do? What super rich people do?