How many passive income should one be having.

[capri]

I think it is improper for use to state that a person should have a specific level of passive income. The reason is that we are all not cut from the same cloth, metaphorically speaking.
Accordingly, if someone is willing, he/she could have the level of passive income that he/she is able to achieve.

 

[Passiveearner]

There are many people who generate a lots of money as they do not rely on a single source of income. They invest money in many different kinds of investment projects that may help them to make money.

 

[aovurevu]

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.

You may choose to have more than one passive income if it works out and also depending on your choice if you can cope with that, some people have lots of passive income and choose not to work since they are getting enough.

 

[capri]

I think this all depends on a person's personal preferences, as well as the practicality of having specific passive income streams. Regarding practicality, an individual needs to take some action so as to set off a passive income program. Usually, this action involves investing a specific amount of money. A person without access to such money would obviously miss out on a passive income opportunity.

 

[Passiveearner]

Inflation has increased in my country. The price of dollar has also decreased and this has been causing a lots of serious problems for currency investors. The only option people have is to save money and cut unnecessary expenses, even if they have many streams of passive income.

 

[eldavis]

When it comes to passive income, i believe the more the better, the most important thing is that you are able to manage all of them. I have seen people have more than three passive income.

 

[Springtime]

To me, there is no limit in getting passive income. Currently, I am receiving dividends from stocks I purchased. I also own some shares in a start-up. They have been doing well and are making profits. I get dividends from the company every six months.

 

[Niyi Briggs]

One is permitted to have as many passive income sources as possible. This is so because passive income sources don't require much effort and time of management for it to be productive.

 

[Magnus2022]

The only rule is to have many streams of income as you can manage. We have diverse and different capabilities. If you can manage 10 streams of income without stressing yourself out, why not?

 

[Authenticity101]

Creating sources of passive income is very important. You can create so many of them as you don't have to work actively to earn. Your main income should be the source of money that you invest in assets that give you passive income.

 

[Golden9]

I have a blog that I've not even posted on. I do hope to start working on it next week, and hopefully, earn no less than $100 from it by the end of the year

 

[Rubz]

Since passive income does not really require a lot of one's time and focus, i believe one can have as much passive income means as one want and one can handle also.

 

[Stardom22]

I have realized most passive income sources are very expensive to start and one should try having at least one source of it

 

[Shavkat]

It would be great if we can have a lot of them. As they said, "The more, the merrier."

 

[Bisolami]

I have realized most passive income sources are very expensive to start and one should try having at least one source of it

They are usually very expensive, and this is why we see that the only people who benefits from passive income adults who have enough money to invest so that we can have a reasonable profits

 

[Hate2Wait]

The more the better and for me, I am just earning a very small amount in the form of bank interest which is quite low so I don't have any major resource to earn passive income

 

[Ratine]

This depends on the financial ability of a person as the passive income sources are very expensive to run.

 

[Hate2Wait]

There is no hard and fast rule about it and not everyone can have many passive income sources so its important to have at least 1-2

 

[You]

In my opinion, having 3-5 streams of passive income is a great target.

 

[Hate2Wait]

I don't have one such stream that can pay a decent and regular passive income and that's why I am facing a few issues in my life