Facts to know about passive income

Chibson

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Actually almost all of the passive generating incomes behave the same way. For instance they need alot of upfront time, money and effort for them to start generating some money. Therefore it's something that most people would quit.
Yeah, generating passive income is really not easy that is why majority of people end up quitting. Only a few people who are consistent enough will succeed.
 
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flower

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The major fact that is to be passed across on passive income source is that it requires initial efforts before you could start to make money passively.
 

Chibson

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The major fact that is to be passed across on passive income source is that it requires initial efforts before you could start to make money passively.
Yes, anybody who wants to generate passive income must put in a lot of effort initially. On the long run they can begin to make money with little effort.
 

cherry123

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Yeah Despite having stable means of making money it can't be a bad idea to still be doing a passive income. you can also have your offline business to earn money
 

Chibson

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Yeah Despite having stable means of making money it can't be a bad idea to still be doing a passive income. you can also have your offline business to earn money
that is the major advantage of passive income. You will also have a lot of time to do other businesses while making your money.
 

Chibson

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You can make a good amount of money in passive income if you understand the intricacies of the business.
it is not even possible for you to succeed in any business if you do not understand it well. It is when you understand it well that you'll be able to make a lot of money and possibly generate passive income.
 

Stardom22

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For me I think, passive income is the one that requires a lot of hard work, efforts, upfront capital and time needed to build it to a substantial something that can return money on your investments.
 

Susye

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Despite having stable work, but I am still doing a passive income. I also have my offline business the milk tea-selling business in the mall. My passive income is my mutual fund .
This is just my hobby, trying to save all the money that I earn from chatting forums and survey sites so I don't have to work over the school summer holidays, then I start saving for that dreaded word we shouldn't start using yet Christmas
 

Starmix

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This is just my hobby, trying to save all the money that I earn from chatting forums and survey sites so I don't have to work over the school summer holidays, then I start saving for that dreaded word we shouldn't start using yet Christmas
I'm so glad that you're saving all those that you received from your side hustles. It's good to have side kicks sites to take advantage of technology and the availability of your time, my time. Time is gold.
 

Susye

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I'm so glad that you're saving all those that you received from your side hustles. It's good to have side kicks sites to take advantage of technology and the availability of your time, my time. Time is gold.
Time is gold, have more time as hubby a night shift worker so nothing on TV.
But I should really do some more survey's but this is so much more fun
 

Starmix

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Time is gold, have more time as hubby a night shift worker so nothing on TV.
But I should really do some more survey's but this is so much more fun
That's good to hear from you that there are good survey sites you're engaging with. You may write a post about that site here in RIF and have them use your referral link. Also attached your proof of payment.
 

Susye

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That's good to hear from you that there are good survey sites you're engaging with. You may write a post about that site here in RIF and have them use your referral link. Also attached your proof of payment.
Wow, that would be an awful lot of skills to learn to do that
 

Chibson

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For me I think, passive income is the one that requires a lot of hard work, efforts, upfront capital and time needed to build it to a substantial something that can return money on your investments.
I think people should be more focused in passive income that gives good returns on the long run.
There are many passive income opportunities but so many of them are not worth it.
 

Stardom22

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If you can have the required amount of money to start a blogging with a catchy niche, well SEO optimized, and a robust content marketing strategy of the blog site, you can really make the best passive income out of it.
 

Chibson

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Could you share what passive income that gives you good return to us please
Youtube, cryptocurrency staking. These are good passive income sources that will be able to give you good returns on the long run. Cryptocurrency staking in particular is very risky and you also stand a chance of losing your money. It is for people that can be able to take risks.
 
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