Financial Freedom: Embracing Passive Income Investing
By Dr. Chandra Mishra, M. D., MBA
Financial freedom is crucial at any age. The genre of intelligent millenniums knows how to create variable income sources to gain financial freedom as soon as possible.
Passive income is the top contender for financial freedom, which means no more worries about your ongoing bill payments or making rent. Once your basic needs are met you are left with enough to fulfill your desires: paying off debts, going on a long vacation, or indulging in luxurious recreation facilities.
Today we are clearing the dubious air about financial freedom as people have a misconception about investment fundamentals.
If you think working tirelessly and continuously is making you rich and financially free, you are mistaken. As being rich need not necessarily mean your financial freedom. Also you are losing time, which you can’ t buy.
Financial freedom comes when you build yourself multiple sources or streams of passive income that can pay for your expenses and leave you to live your life on your terms with minimal need to indulge in strenuous work.
Ways of Creating Passive Income
You are generating passive income when money keeps flowing in irrespective of your active working status.
Financial freedom comes when you build yourself multiple sources or streams of passive income that can pay for your expenses and leave you to live your life on your terms with minimal need to indulge in strenuous work.
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