Passive Income

What is the definition of Passive Income? Learn what you need to know about this term.

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What is Passive Income?

Passive income refers to earnings from investments, affiliate marketing, online sales of digital goods, or other ventures that require little to no ongoing effort to maintain.

Examples include rental property, dividend stocks, royalties from creative works, advertising on blogs, and online businesses that generate recurring revenue with minimal upkeep.

The goal of passive income is to provide a steady stream of revenue without the need for active involvement.