NWORLD : Work For Passive Income, Not Earned Income | NWORLD BUSINESS by VICENTE MEJILLANO

Work For Passive Income, Not Earned Income

Work For Passive Income, Not Earned Income


 “Get Out of the Rat Race!”, says Robert Kiyosaki.

“A rat race is a term used for an endless, self-defeating or
pointless pursuit. It conjures up the image of the futile
efforts of a lab rat trying to escape while running around a
maze or in a wheel.
The rat race is a term often used to describe work; in
general terms, if one works too much, one is in the rat race.
This terminology contains implications that many people see
work as a seemingly endless pursuit with little reward or
purpose.”


Earned Income vs Passive Income
Employees work for earned income. Once they’ve worked for a month, they get paid
for their time… just once.
To get more money, they need to go back to work. They work another 30 days. They
get paid. They spend that money. Then they have to work another 30 days.
Before you know it, 30-40 years have passed by, and you never managed to get out
of the rat race.
Your aim, instead, should be to create multiple streams of passive income.
Make money while you sleep, and take yourself out of the equation. Making money
whether you work or not… that’s passive income.
Dividends from shares, rent from investment properties, royalties, business systems
that don’t require your presence… are all passive income.
Ask yourself, “How can I do it just once, for it to return money to me forever?”
Let me share with you 21 ways that myself and my friends use to earn passive
income thanks to the Internet.

Credit to Inspired Group
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