Why You Need Passive Income?

Hate2Wait

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It needs a long time to earn without working you have do a lot of work to refer people and convince them to join under you and therefore you could for example make a compaign to promote the website and then get active referrals so nothing becomes without work.
Yes but there are other ways to earn passive income and I'm trying and hoping to add more such ways so that I can make more money with these passive income sources.
 
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monster_masterpiece

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Yes but there are other ways to earn passive income and I'm trying and hoping to add more such ways so that I can make more money with these passive income sources.
You are someone how has a popular blog and run ads and people that visit your blog are joining under these programs, whitout this you will not earn any passive income. This is the only way for passive income.
 

Stardom22

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Passive income is that one that doesn't require active working on the job for you to earn some money. It's the kind of business or job that you usually earn while you are sleeping. It's therefore very important at times of old age or retirement.
 

gammarays

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Passive income is very important these days. The economy is not getting better and inflation is bitting hard. This has caused an increased rate of expenses. Passive income helps one remain financially stable.
 

nomad

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There is a limitation on your active income, you will be retired after some time, or you might not be able to work because of old age or poor health. Having a passive income will bring you money even when you cannot work.
 

Chibson

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There are a lot of reasons why we need passive income. One of the major reasons is because when you get your own age you may not be able to work actively and your passive income will help you to survive.
 

eldavis

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I do not know about other, but for me i need passive income simply cause i want to make money. Passive income is one of the best ways to make money in a smart way, without over working yourself.
 

Blessed19

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Passive income is generally income earned by investors, they don't need to work all day long, but only with a little work, for example you deposit money in the bank and get interest. or buy shares and will get dividends, rent from residential houses etc. There are also experts who define passive income as side income, namely by working during free time apart from the main job. Of course everyone has reasons why they need passive income and what about you?
There are so many reason for me to have a passive stream of income as I I solely depend on the main source of my income then I will be having a lot of shortage and it will give me a tough time saving and making a better investment and so therefore engaging and having a passive stream of income will help sort out some things that I ought to do with my personal life so as to help me build on my savings and to be honest a supposedly passive income has been the one saving me for upto a year now.
 

cherry123

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Having passive income is the best way of making money you work less with passive income, you can afford to concentrate your time on other things of life as you spend less time pursuing money
 

Johnson2468

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The most important reason why I see that passive income is necessary is that, it gives time for people to invest in some other things. By doing this you get to increase your streams of income
 
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