Saturday, June 23, 2018

Passive Residual Income Is Better Than A Salary Or A Wage

By Diane Johnson


Life is too short to work for anyone. Freedom from work means money working for a person and not an individual working for money. It is either one builds his dreams and he starts earning passive residual income on autopilot or he gets hired by someone else to build the person's dreams and becomes a slave of the monthly paycheck. That is the ultimate reality of life. On one hand, there is freedom from work and all the perks that come with it including retiring early and exploring the world. On the other hand, there is the cold, bleak reality of employment.

Life is about choices. Every human being is defined by his choices. Those who choose employment will always need to rely on a meager wage or salary that often times will not be enough to finance the fine things of the present day life. Those who love the fine life and all that comes with it will choose freedom from work.

A passive income is not active in any way. The only thing that an individual has to put in place is a money earning system. After the system is set up, one will be automatically earning money without doing any job. This is simply the best kind of income. Actually, it involves money working for a person.

When works for money, an individual is simply in the rat race. All his focus will be on how to earn the next paycheck. If one is not in employment, he will always be thinking on how to get the next gig and that will be a stressful affair. Employment will eventually wear out a person and completely drain his energy.

The path of employment is not the best. It will eventually lead to frustration. Saving for retirement does not have to be the consolation to continue working because retirement income is often times not sufficient. Most retirees are usually forced to return back to work because of inadequate retirement savings. That will not be the case with passive income sources.

Working is stressful enough and retirement life will even be more stressful if all that one depends on is retirement savings. A passive income is all that is needed so that to unlock the best life possible. This kind of income will make an individual to retire early and subsequently tour the world. That is how life was meant to be lived.

Not everyone is born with riches. Those born in rich families do not have to work and they can start building passive income sources from the word go. Those born without wealth will need to work for a number of years so that to be able to accumulate savings that will be used for creating a system of generating money passively.

Passive income is the best type of income. That is an undeniable fact. Life is short. The lucky ones can enjoy a maximum of seventy years of productivity. After that, even if one is still alive, he will have little productivity and will not be able to enjoy the pleasures of the present day life. Thus, working for a lifetime does not make any sense.




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