What is a PASSIVE INCOME
What is a PASSIVE INCOME Passive income is an income for which you do not have to actively work, such as - rental income from a house is your passive income, because you do not have to do any active work for the income from rental. Does matter, other side, Passive income is also called that income, when you do not work for money, rather money works for you, For example - interest from bank fixed deposits, or dividend from stock, or income from business in which you do not actively work, Difference between income and income source There is a distinct difference between income and income sources, In the income source, we constantly get income at fixed time intervals, While the income can be any amount that comes from us anytime, Like - the money received in the reward of some kind of lottery can be our income, but not the source of income, The income from the job is our income source, What is a different income source? Come, to understand the passive income we...