Earn Money Episode Part 2 - Type of Earning ? What is Active income and Passive Income ?
Earn Money ways
1. Active Income
2. Passive Income
Active Income - Get job from Company/Individual/Industries/Freelancer earn money on daily/monthly/yearly/project/work basis
Now a days most of the people in the world following this way to earn money to manage life
Active Income jobs
Daily JOB - Job at IT company, Teacher, cheff, Driver,Freelancer etc
Passive Income - Do any one of Passive Income jobs(Job list given below) at your own time/ full time earn money for life time
Passive Income jobs :
Youtuber/subscribtion based youtube video provider
Book Author(E-books/Normal books)
Website Developer(Products or Services)
Application Developer(Android IOS)
Shortflim/Movie Maker etc,.
Acting skill etc,.
and many more..
Earn money even at retired age
No Boss :)
Not stable income
Income not predictable
You can earn money in active or passive or both.
I will explain those things in next.
Hope this information will be usefull for you.