Passive Income Blueprint | 5 Steps Financial Freedom
5 Steps to Passive Income & Financial Freedom
This passive income blueprint provides five steps to financial freedom. From learning what passive income is, setting up your passive income goals, choosing your passive income idea, having what it takes to achieve your financial dreams, and then give back.
eBook: Receive it upon payment, 67 Pages, 5 Steps.
Sheets: 300 Passive Income Ideas & Cost of Living Spreadsheet | Receive them upon payment
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One of the biggest misconceptions about passive income is the idea that it is “easy money”. This is far from the truth. Much of the online content about passive income describes it in a way that makes it almost sound too good to be true, like a myth. There is a general tendency giving the impression that passive income can be made overnight, that you only have to work a couple of hours to produce millions of Dollars and get rich quick. This is all far from the truth.
Passive income takes time, effort, dedication, motivation, perseverance and skill to build. And this is the case no matter what passive income stream you plan on building.
But once you have created a sustainable passive income stream, it can provide you more freedom. If like most people, you are making active income, then you are currently selling your time for money. That means that you are currently selling your time [or your life] for financial gain.
The choice at hand is working 40h weeks for over 40 years of your life building someone else’s passive income streams, or working 80h weeks for a couple of years building your own passive income streams you can benefit from for many years to come.
Without the pressures of restraining your time and your actual life, to a value per hour, you can have much more flexibility to generate income that will not be capped off by the number of hours you can work per week. Making enough passive income to sustain yourself and set money aside provides you more time for yourself, your family and your community.
This passive income blueprint provides five steps to financial freedom. From learning what passive income is, setting up your passive income goals, choosing your passive income idea, having what it takes to achieve your financial dreams, and then giving back.
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