Getting a job and working daily may be classified as a source of active income. However, I think that active income and passive income are quite related to each other. Suppose you get a job and you work a lot. You may be capable of saving enough money in the end and you could utilise that money in order to invest in many different kinds of opportunities that may help you make passive income. So, is your job helping you to make passive income?
Do You Think That Your Job Helps You To Make Passive Income?
- Thread starter Passiveearner
- Start date
- Thread starter
- #11
Well, I think that jobs could help you generate passive income in the sense that it can help you save much money in the end, especially if you have a high-paying job that helps you save much money in the end.
Actually not all jobs allows one to earn a passive income especially when the job in question is just sufficient to meet your needs and can't help you keep up with savings .you could try looking out for a better job which might help you save to earn passively.
My job or should i say the business i am into at the moment does not help me make passive income, though there is a side of it that would actually help me earn passive income but at the moment i have little to no idea about this aspect. I believe with time i would get there though.
- Thread starter
- #18
There are many people who earn good salaries and this is also one of the main reasons why they have been able to save enough money and invest money in profitable instruments.
My job as a music producer already puts me in a position to make passive income by signing royalty contracts on some songs I produce. I would keep earning from the commerical success of such songs years after I have produced the song.
