Why Do We Need Passive Income?

[Suba]

While we are still young, we need to work hard to save money, as capital to create passive income, such as buying residential properties, stocks, etc. So that at old age or retirement, income decreases so we need to cover it with passive income. Maybe you have other reasons, why do we need passive income?

 

[Sanjeev]

That's what I think. I need passive income as an additional income which is helpful when I get retired from my job. At that time I won't have any source of income, at that time this passive income will help me to survive.

 

[cherry123]

it is to have survival funds where you depend on where we can't no longer work actively for money it does help alot.

 

[LoukiaCharilaou]

That's right. We need passive income after retirement in order to survive. Furthermore, passive income is always welcome since we earn money without getting tired.

 

[cherry123]

Yeah passive income keeps the money coming even when we are asleep you still make money. So it is a good way of making the lazy way.

 

[Sanjeev]

That's why they are called passive income and why would someone won't like it when one doesn't require to do anything to do. There are lots of people here who are dependent on the rental income which is an example of a passive income.

 

[cherry123]

Yes, this is a good way of making money without having to work too hard for it. it is always helpful if you can actually set one up

 

[Shavkat]

How I wish I could find a real passive income through a website. In fact, I am trying to do this affiliate marketing that I found recently. Some people claimed that it was a passive one.

 

[Hate2Wait]

Having passive income does help because this way we have more Sources of earnings and in passive earnings we don't need to be present to work or do anything like rental income so this helps a great deal so we need to look for passive income sources.

 

[fcbetting]

We are to old to keep intense of full working hours so we need something easier. Passive income is the most easiest money.

 

[cherry123]

How I wish I could find a real passive income through a website. In fact, I am trying to do this affiliate marketing that I found recently. Some people claimed that it was a passive one.

Yes affiliate can be passive way of making money but you need to making at least daily commission from it to see it as passive income

 

[Bisolami]

While we are still young, we need to work hard to save money, as capital to create passive income, such as buying residential properties, stocks, etc. So that at old age or retirement, income decreases so we need to cover it with passive income. Maybe you have other reasons, why do we need passive income?

We need passive income because there are times that we may not feel like working and we will surely feel like earning money

 

[cherry123]

We need passive income because there are times that we may not feel like working and we will surely feel like earning money

Yeah passive income is the way to go especially when it gets to old age we need to make money passively then I

 

[Starmix]

We need a passive income if the salary of our active job is not enough to provide for the family and to pay the monthly bills. There are workers who receive more than enough salaries, so they never aspire to do passive earnings. In my case, I do need a passive income despite my salary being okay, I just want to utilize the advantage of technology, and somehow, I may get the idea that owning a business also leads to better living

 

[cherry123]

I like your idea of passive income. you take advantage of whatever is available at that time to make money. it's really important.

 

[Starmix]

Passive income is the trend in this pandemic, people do not stop searching for the right way to earn a passive income. Earning a passive income is also exciting. It exercises our minds and helps us forget tomorrow.

 

[cherry123]

Yeah passive income comes with rest and peace of mind. When once you set it up and it is working then you can expect making money even in your sleep

 

[Bisolami]

Yeah passive income is the way to go especially when it gets to old age we need to make money passively then I

Passive income is good for elderly people and that is why we need to find something reasonable to do before our old age so that we won't be working till we die

 

[freelancermaria]

Having a passive income is beneficial, especially at this time. We have no idea what will happen today, tomorrow, or the next day. It is critical to have money on hand at all times.

 

[Mikky]

Passive income is just like a saving grace in many cases, just as you have stated that passive income will really go a long way helping when retired or too old to work. It is very advisable to have at least one source of passive income even when young and strong to work .