Active Income vs. Passive Income: What You Need to Know

Photo by lucas Favre on Unsplash

There are two main types of income: active income and passive income. active income is when you are directly involved in the generation of that income. This could include things like being a salaried employee or running your own business. Passive income, on the other hand, is money that you earn without having to put in a lot of effort. In this article, we’ll take a look at the pros and cons of…

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