What Do You Prioritize on: Active Income or Passive Income

[nomad]

Do you focus more on active income or passive income? As far as I am concerned, I do not limit myself to either active or passive income and I try to pursue both. Balancing active and passive income streams provides financial stability and freedom. While active income sustains your current needs, passive income builds wealth for the future. Use your active income to save and invest, creating avenues for passive income, such as dividends from stock investments.

 

[Starmix]

It's best to have passive income for futurity. It's also good to also have active income. There's always money for the daily and emergency needs. Both are very important to us.

 

[nomad]

Yes, both are important. If you have passive income as well as active income, you can use that income to build wealth and use your active income to pay your bills

 

[saoussen5765]

I think passive income is every thing related to crypto mining like honey gain or jumpt task if I am not wrong where you let the software working on background while you are doing your daily activity for example.

 

[Stardom22]

For me right now l am prioritizing on the active means of income. This is because it's being easy to be paid after reaching the minimum payment threshold on the active income than it is on the passive way of income.

 

[eldavis]

At the moment my majo priority is active income, cause this is all I have right now, but am currently trying to create more streams of passive income for myself

 

[Starmix]

I have one passive income from the rent od my one hectare land property I inherited from my dad. I am receiving a rent yearly. I save the proceeds from the rent.

 

[Springtime]

I think both are important. I work hard to earn money, and at the same time, I make investments such as buying dividend paying stocks to get passive income.

 

[Ratine]

The passive income requires intensive capital and investment in much time. I would go for the active kind of work for now.

 

[Suba]

Of course, personally I prioritize active income, because actually passive income is just a side hustle. Moreover, passive income doesn't have working hours, so it can be done in my free time.

 

[King Belieal]

You would need to have a good balance of active income and passive income to be able to financially free. I focus to build on both passive income and active income.

 

[timewo]

Other than posting on forums to make very less money, it is extremely difficult to increase the active income, since the income sources are controlled by people who have cheated me and hate me.

 

[Authenticity101]

I tend to focus more on my active income as that is what I need for my expenses. I also need it to earn money that I can use to invest. So I do most in my active income while working on building passive income streams.

 

[bestwriter]

When one says active income it points towards a job one handles and that has limits as age becomes a factor. Passive income has not limits and one should plan such that it continues