What is passive income, exactly ?

We all love working but back of the mind we all want more money. Our mind keeps wandering regarding any extra source of income like tutoring, freelancing, data entry jobs, etc. Sometimes we wish if we can just sit and relax and watch the money roll in. Ain't I right? But here comes the magic of Passive Income. The potential of Passive income is realized by some of the savvy individuals. In layman's language, it is generating extra income without much investment of time. In other words, you're gaining money without being actively involved. So, either you earn by investing money or by investing a bit of your time. Which one do you prefer? Obviously! the one with investing a bit of time.

Types

Now you must be wondering what are the types of Passive Income? Well, there are a lot! It's just what suits your interest. The prominent ones are as follows:

• Creating an online educational course.
• Selling your designs and artwork.
• Building a website/Selling products on your blog.
• Start a YouTube channel.

But a big WHY!?! .. Why Passive Income?

The solution to all your immediate problems may not be a passive income, but it can be the foundation of wealth and happiness. So when you narrow it down, there can be dozens of reasons why having passive income is important in life.

Reasons

• It gives you the freedom of time.
• Reduces anxiety and stress.
• Makes you pursue doing the things you love.
• Ability to live and work from anywhere.
• A platform for a financial stability and growth.

Still looking for some source of income? Just try OZOPROP!

Here's why!

OzoProp is a real estate social selling platform where anyone can become a partner to earn additional income. Once registered all that a partner needs to do is invite homebuyers by registering them as leads. Once a lead completes the purchase the partner earns handsome rewards. It thereby enables a partner to earn at their convenience that is part time(for housewives, retired persons, 9 to 5 workers etc), full time(real estate brokers, insurance agents etc) or any time (students, professionals & others).

Credits - Prateek Chatterjee