What is Passive Income? Passive income refers to earnings acquired with minimal ongoing effort after an initial setup. It encompasses returns from investments or continuous earnings from created content.

Sources of Passive Income: Investment Returns: Earnings from real estate, savings, or dividend stocks without constant attention. Skill-Based Earnings: Creating content like blogs or courses that continue to generate income.

Time Freedom: Allows earning without constant involvement, offering better time management.

inancial Stability: Provides a steady income stream, reducing dependence on a fixed job.