Financial Education: Activity Is Crucial For Passive Income

in Threespeak4 years ago (edited)

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Everyone wants passive incomes. This is obviously one of the pathways to wealth. However, those who espouse this concept tend to overlook the fact that to achieve passive income, activity needs to take place.

In this video I discuss how many want passive income as an excuse to be lazy. The reality is it takes either activty or money to generate passive income. We need to invest something to get the revenues stream flowing.


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so true it very hard work to make passive money.

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The only way of getting yourself the hands on some passive income is to get airdropped some crypto and than put that into DeFi. Even so, you have to have participated to something in the past to be receiving the airdrop. There's quite a few that are eager for passive income, but don't take into account the efforts for the kick start. My gut feeling tells me that in the next decades we're gonna be living on a lot of passive income.

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Absolute truth. Much as passive income is real, yet its high time we make people understand that it doesn't come by so cheaply.

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Maybe not many are willing to put in the time and effort to get a project established and successful, and most are wanting to jump to the end result.

Liking the short topical video format.

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Nailed it again, man! I just forwarded this to someone who needs to hear all of that put exactly that way. Thanks for sharing!

Yes people either need to spend time or money in order to get the high returns. It is possible for a small amount of money to balloon into a huge amount over time compounding and its also the reason why I think people should think about investing into the future.

Also if they add on the active aspect, you can definitely see far greater returns. In fact a bunch of those financial guys would say to invest an amount and keep adding each month because it has both aspects.

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