What Is Passive Income?

Passive income is money that doesn't take much time or effort to make and you don't earn it from a traditional job. It can include earnings from rental properties, dividends from stocks, selling courses online, and other projects where you're not involved in the continued generation of revenue. Although you may have had to put time, money, or effort into starting up such ventures, eventually you collect income passively, without breaking a sweat.
25 Ways to Make Passive Income in 2024
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