
Passive income is pretty cool because you put the time in up front and then it is an asset that keeps earning for you. Perhaps you choose to “work it” and promote it to increase your income, but in general you can set it and forget it.
Side hustles are the new hustle – 4 easy, low cost side hustles for you — Second Time Around Homestead
The definition of passive income
This is a very accurate way to describe passive income. I really like the idea of set it and forget it. There are great ideas for side hustle income in this post. You will always need income to create passive income.
Active and then passive income
Check out more posts on gaining active income.