You must’ve heard about Active Income and Passive Income. Especially when reading quotes from investors. Most of them put a lot of emphasis on Passive Income. So let’s understand what it means and why they say that.

Active Income
Active income is earned in exchange of service performed by a person. In other words, you earn active income by performing a job. You are directly involved in this case as you also have to give your time.
Examples of active income:
Continue reading “Active income and Passive income”