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The Simple Reason Everyone Needs Passive Income
It doesn't matter whether your idea of wealth is monetary or time based. Everybody needs some form of money in order to survive...however there is one thing that we all have the same amount of, and that is time!
Time - we all have 24 hours in a day. How we choose to fill those hours is up to us.
We need to sleep - and say 8 hours is the target (of course not everyone gets this) - so we are left with 16 hours a day to play around with. If, by some miracle, we are able to get and hold down a 16 hour job a day, we are limited to 16 hours of income. If we want to earn more in this environment, we can only look for more pay, or more hours. More hours is out of the question in reality...our bodies wouldn't be able to cope and we would become a liability. More pay...it is a possibility, but is also more likely to not happen.
The only other option is to look towards Passive Income generation...earning money whilst you eat, sleep, work, holiday, watch tv, surf a wave, play games, spend time with your family or being a superhero.
Passive Income can help you enjoy your time more without having to work yourself into an early grave.
The simple reason that everyone needs passive income is to free up their time. To free it up to do what they want to do!
The simple reason that YOU need passive income is to free up your time. To free it up to do what YOU want to do!