Bücher von Donnie Pratt

Passive income is important because it will ad income to your bottom line without taking hours of your time like a 9-5 job. An example could be money you earn on the stock market, from rental income or dividends. It is considered passive income if you do not have to be totally "active" in earning it. That does not mean you will not spend any time earning it, but not like a 40/hr per week job.