What is your definition of passive income?

1. 89

   bankscottageposted 11 years ago

   What is your definition of passive income?
   
   I have seen a few Hubs recently refer to earning passive income from doing things, including writing Hubs.  To me, passive income is what your get for doing little or nothing such as dividends from a stock or interest on a savings account.  It is your money working for you instead of you working.  Rent and royalties are passive income but is ad revenue royalties for your writing?  I think people are confusing passive income with self-employment income (income you get for being in business for your self).  I see Hubpages as self-employment in the advertising business rather than passive income.

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2. 60

   duffsmomposted 11 years ago

   I think what they are referring to is income generated by a hub that continues to get views and thereby brings in revenue.  We write the hub, it is published and if all goes well it continues to generate income long after it is written and we have the cramps out of our fingers.
   
   Hubs, if popular and well viewed, create dividends in a sense.

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3. 84

   TIMETRAVELER2posted 11 years ago

   Passive income is money earned by any means other than working for it.  For example, interest you earn on savings.  They call hub pages income "passive", and in a way, it is.  However, you still did the "work" of writing the original article.  Nonetheless, it would be nice, years from now, to be earning money on work that was done long ago.

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4. 61

   Bhavin Panaraposted 11 years ago

   Passive income is a one type of income which is different than your main source.It means that your passive income is less than active income.Passive income is a second source of income.

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5. 69

   Cam Anjuposted 11 years ago

   Passive income to me is having worked on something to set it up and have it so it continues to generate income for you without you having to work on it. If your hubpage income is dependent on you being at hubpages and commenting everyday for six hours or it stops coming in, it isn't passive. If you make money from a hub you put up and it continues to make that money day after day whether you are there or not, I call it passive.

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6. 60

   cheaptoysposted 11 years ago

   getting money without needing to do anything after you have come up with a system

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7. 85

   KarenCreftorposted 11 years ago

   Passive income is when you can get multiple, repeated income from one piece of work.
   
   I have written a hub about the different ways this can be done and go into more detail about what passive income is:
   http://karencreftor.hubpages.com/hub/Wa … ive-income
   
   I would say HP is passive income in as much as you get repeated income long after you have created a hub from continuous ad revenue.
   ~Kaz x

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