How many passive income should one be having.

[Blessed19]

There are some people who are having more than one sources of passively earning money and thee are those who have nothing to count as a means of earning money passively due to one thing or the other and they get to fix all the expenses that they make on the main income which I turn makes them go down a lot of the time.

 

[Sanjeev]

I just have one source of passive income. I have parental property which I have given on rent which helps me to save some money monthly. I don't earn much from the sites so I don't consider them in passive income.

 

[Blessed19]

I just have one source of passive income. I have parental property which I have given on rent which helps me to save some money monthly. I don't earn much from the sites so I don't consider them in passive income.

Like how much do you have to earn from sites to be able to consider them a passive source of your earning from it and make it as a passive source of your income due to the fact that it still gives you some considerable amount of money.

 

[eldavis]

I do not believe there is a limit as to the amount of passive income one should have or can have. The most important thing should be that you are able to manage them all.

 

[Blessed19]

I do not believe there is a limit as to the amount of passive income one should have or can have. The most important thing should be that you are able to manage them all.

Sure thing is one should be able to do what will get to generate money for them which would make them to become more financially independent and also hell others around them a lot more than they can.

 

[Sanjeev]

Like how much do you have to earn from sites to be able to consider them a passive source of your earning from it and make it as a passive source of your income due to the fact that it still gives you some considerable amount of money?

I just early $5 a month or less sometimes so I don't consider it a passive source of income. It's just like a bonus for me that I get to interact with the people on different sites.

 

[Bisolami]

There are some people who are having more than one sources of passively earning money and thee are those who have nothing to count as a means of earning money passively due to one thing or the other and they get to fix all the expenses that they make on the main income which I turn makes them go down a lot of the time.

I think someone can have as many as possible passive income as long as the person and attend to all of them whenever they all need attention. That will be good

 

[cherry123]

It should be as much as you can. there shouldn't be a limit to this. Yes the amount of passive income one should have doesn't matter Just keep accumulating them

 

[SHAHID987]

Number of passive income does not have any meant but the quality of the passive income should be good, lets suppose I have my one website and it is on its peak I will earn much more from there, so I will focus on maintaining its quality.

 

[timewo]

Passive income varies depending on the individuals age. Most young people have almost no passive income, they mainly have their salary income. In contrast senior citizens have mostly passive income, they find it difficult to get work.

 

[Bisolami]

It should be as much as you can. there shouldn't be a limit to this. Yes the amount of passive income one should have doesn't matter Just keep accumulating them

They should actually be no limits to it as long as you are capable of handling everything because that is the major thing. It will not be nice for you to have so many businesses that you cannot handle

 

[Stardom22]

For me I have never considered how many passive income sources that one should have so long as they are able to have as much of them as possible there's no harm for that.

 

[Bisolami]

For me I have never considered how many passive income sources that one should have so long as they are able to have as much of them as possible there's no harm for that.

Some people are even good with one passive income as long as they can manage the passive income very well. Just do what you know you can handle

 

[Suba]

To determine the passive income needed, you must first calculate your needs per month. if your needs are smaller than passive income, it means you are safe and will soon achieve financial freedom.

 

[Bisolami]

To determine the passive income needed, you must first calculate your needs per month. if your needs are smaller than passive income, it means you are safe and will soon achieve financial freedom.

You are very right because we need to know if you will still be able to cater to your responsibility when you go for the passive income or not. These are the things that should be considered before you do anything

 

[nomad]

If you ask about a number, I would say you need 100 passive income sources.
Just kidding!
Do not look at the numbers, instead see how much money your passive income sources are bringing in.

 

[Bisolami]

If you ask about a number, I would say you need 100 passive income sources.
Just kidding!
Do not look at the numbers, instead see how much money your passive income sources are bringing in.

There are even some people who have just one passive income and it is earning them a lot of money and even more than those who have more then ten. That is how it is

 

[nomad]

There are even some people who have just one passive income and it is earning them a lot of money and even more than those who have more then ten. That is how it is

If you manage to build a passive income, you might be able to become rich just from one passive income stream. The main question is how you are doing it and what you are actually doing.

 

[freelancermaria]

Maybe the more the merrier. LOL. Having one or two passive income streams is good as long as they provide money to help you to save or cover your expenses. In the future, I'd like to own a rental property or start a YouTube channel. I know the latter will be difficult because there are so many well-known YouTubers out there.

 

[AruneBend]

There shouldn't be a limit the more the better passive income is very good since you don't have to do much work to make money online so the more of passive income you would have the more money