Passive income turn main income.

[Suba]

Passive income can be used as the main source of funds or replace active income if passive income can be received periodically both monthly and quarterly, such as passive income from rental properties, cars, equipment, also can be from sources such as coupons (interest) from bonds or dividends from stock.

 

[Hate2Wait]

I would love to do that and would love to earn rental income but for that I need big money

 

[Chibson]

I don't think you understand the meaning of passive income. Passive income could be your main income and it can also be your side income. What really matters is the amount of money you make passively.

 

[uptrendfinancialsignal]

It is critical that passive income can be regarded as a main income provided you have the relevant experience on how to carry out such activities in a manner that you can use it as a main income sources.

 

[Hate2Wait]

If you can make double of your offline earnings from a passive income stream then no need to work offline and concentrate on more passive income sources

 

[Stardom22]

In such a scenario, the main income source stream is deemed to be lower than the passive income you must make some arrangements so that you boost the earnings for the that.

 

[Chibson]

Well, it is not a must that you will have an active income source. There are people who practically make all their money passively. Especially those in the online space and even in offline space.

 

[flower]

Well, it is not a must that you will have an active income source. There are people who practically make all their money passively. Especially those in the online space and even in offline space.

You can definitely turn passive income to main income source if you are dedicated and you have the conviction to do it.

 

[SHAHID987]

Passive income can be turn into main income by dedicated hard work in some cases it required a lot of money too. As let's suppose I purchased one house and given for rent so it will generate income for me passively on monthly basis, and if I purchase more houses and give them in rent then it will convert into main income.

 

[Chibson]

You really need to expand your sources of income if you want continue making passive income and you will also want it to be sustainable. You can have at least two passive income sources.

 

[gammarays]

One advantage of passive income sources is that it generates revenue always. There are times when main income sources will go down or even shut down. One will need to rely on passive income sources to survive.

 

[Chibson]

There are people that primarily make passive income. All their income sources are passive income sources. So it is actually their main income.

 

[eldavis]

Well its usually like that most of the time. The little gigs i do online is ment to be simply a side hustle i can use to gain extra cash while working, but there are some months where i end up relying more on my online earnings than that of my job.

 

[Chibson]

Most successful people makes money passively. That means all their sources of income are passive. But of course it takes some time for that to be a reality.

 

[Johnson2468]

It is very important to look more into passive income if you really want to get rich for a long time, because this will give you time to multiple your source of income

 

[Chibson]

Almost every individual must try to build passive income. passive income can be your main income provided it is generating tangible amount of money for you. Any business that generates the most amount of money for you is likely your main income.

 

[cherry123]

This is about the operation there's nothing wrong with making passive incomes turn out to be your main income stream especially if it pays better than the main income. you have

 

[Chibson]

Your main income can also be your passive income. there are people who prefer to sit at the comfort of their homes and make money passively for themselves. People who are majorly investors do this.

 

[Abdul01]

Currently, over 70 percent of my income is passive income. I generate passive income through product sales, ebooks, and blogs. You can easily build passive income as your main income.

Well, sometimes you earn more from passive income but that does not happen always and also depends on the extra work you do for it to work, having a product for sale is another as you may receive an order anytime you don't even expect.

 

[Rubz]

I have actually heard of people turning their passive income source into their main source of income. That's a really nice thing because one won't have to work actively to earn a good amount of money.