Passive Income Stream Meaning
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Whether you currently make 20 000 a year or 200 000 a year you need passive income streams in order to achieve financial freedom.
Passive income stream meaning. But please notice the emphasis added on the word maintain. Passive income is an income received on a regular basis with little effort required to maintain it. This path surrounds the concept of active income. Passive income when used as a technical term is defined as either net rental income or income from a business in which the taxpayer does not materially participate and in some cases can.
When you create streams of passive income the money you make grows independent of your time meaning that your earning potential is limitless.
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