Tuesday, June 26, 2018

Passive Residual Income Is Better Than A Wage Or A Salary

By Diane Johnson


Life is too short to be employed. The productive years of life should not be wasted in employment. That is because employment is slavery. He who does not work towards realizing his dream will eventually need to work for someone else in an effort to make that person to realize his dreams. That is the reality of life. It is the ultimate truth that has universal acceptance. It is either a person chooses the path of earning a salary and lives a brutish life or he chooses the path of passive residual income that is filled with joy and plenty of comforts.

A salary or a wage has to be actively earned. One will need to put in the hours. There has to be proof that a person has worked so that he can be paid a salary at the end of the month. In some companies, the hours have to be manual tracked. Some companies even use software for tracking the hours worked.

A passive income is not active in any way. The only thing that an individual has to put in place is a money earning system. After the system is set up, one will be automatically earning money without doing any job. This is simply the best kind of income. Actually, it involves money working for a person.

When works for money, an individual is simply in the rat race. All his focus will be on how to earn the next paycheck. If one is not in employment, he will always be thinking on how to get the next gig and that will be a stressful affair. Employment will eventually wear out a person and completely drain his energy.

The path of employment is not the best. It will eventually lead to frustration. Saving for retirement does not have to be the consolation to continue working because retirement income is often times not sufficient. Most retirees are usually forced to return back to work because of inadequate retirement savings. That will not be the case with passive income sources.

Working is stressful enough and retirement life will even be more stressful if all that one depends on is retirement savings. A passive income is all that is needed so that to unlock the best life possible. This kind of income will make an individual to retire early and subsequently tour the world. That is how life was meant to be lived.

Working for some years is not a bad thing. If one is not from a rich family that will be the only way for getting money for building passive revenue sources. After being employed, one should not enter into a comfort zone but he should begin saving and investing actively. It is highly recommended to invest in high potential stocks.

Life is too short to work for someone for an entire lifetime. That was not how life was meant to be lived. That is simply a brutish life that has little or no fun. Those who love to enjoy life will always look forward to the day when they quit their jobs and start relying on passive revenue. For that to be the case, one has to invest wisely.




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