Active Income and Passive Income
1. Active Income
Active Income is limited, you exchange your time for money
I give you example:
A skilled worker exchanges one day of work for P285.00 this is the minimum salary of Cebu.
A manager exchanges one day of work for P3000.
A dentist will pull your tooth for P500.
A heart surgeon will do a bypass for P300,000.
What do they have in common? All of them exchange time for money or They work for money. When they stop working, they stop earning.
2. Passive Income
Passive Income is the secret of the Rich people.
Passive Income - is virtually unlimited, you still exchange time for money. But you’re no longer exchanging your time, but the time of your duplicate. You exchange your time for money duplication. You can stop working and the money keeps flowing into your life.
Do you want to prosper?
You need to create Passive Income.
How can you create your Passive Income?