Passive Income Tip:
Passive income is defined as income that requires minimal effort or perhaps even zero effort to earn. Passive income typically enables your money to work for you. It's a “work smarter, not harder” situation. We can compare it against active income, where your effort is 100% correlated to your income. (yourmoneygeek.com)
One of the easiest ways to retire sooner than you thought is by finding a way to generate passive income. In this video, I want to provide you with a few tips to help you build passive income, so you can achieve financial freedom sooner than you imagined! https://bit.ly/3jVcUiL
Learn how to build passive and retire sooner than you imagined with my Beginner's Guide to Investing in 2021! Click on the link above to get started.
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00:00 – Intro
01:36 – Compounding interest explained
04:46 – Real estate investing
08:14 – Investing explained
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