Wealth Activator Code Review
This is a very important distinction. Active income stops Wealth Activator Code Review when you stop working to get it. Your boss is not going to keep paying you if you stop showing up to work. If you sell things to make extra money, that money stops coming in when you stop selling. All active income streams are dependent on your action.Income that is passive, on the other hand, does not require ongoing effort. Often, you can do work once and the income will continue to come in for months or even years without you having to do anything except maybe cash the checks.
You may be asking yourself why more people don't have any if this is such a great thing. The truth is that many methods of creating passive income require a lot of effort or discipline to create the passive income stream, and unfortunately, most people are not willing or able to get them started.Many sources of income could be either passive or active, depending on how you set them up. Owning a business is a great example of this. There are several different ways of becoming a business owner, and they are as varied as buying stock in a public company and bootstrapping a start-up business.
If you have money and you are willing to do the research and learning involved in making a smart investment, buying stock may be the answer for you. Once you own the stock, you may receive dividend payments and enjoy any increases in the price of the stocks. This income continues without you having to do any further work.
