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    The Passive Income Mindset: Smart Ways to Achieve Financial Freedom
    The Passive Income Mindset: Smart Ways to Achieve Financial Freedom
    The Passive Income Mindset: Smart Ways to Achieve Financial Freedom
    Ebook38 pages34 minutes

    The Passive Income Mindset: Smart Ways to Achieve Financial Freedom

    By Lisa Nemur

    3.5/5

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    About this ebook

    The Passive Income Mindset

    Are you dreaming of early retirement? Do you want to invest wisely? Are you searching for streams of passive income? 

    In this book, you´ll learn how you can adopt the right financial mindset and benefit from passive income. 

    You´ll read about: 

    - Passive income and compound interest

    - Passive income through real estate

    - Passive income through royalties

    - More ideas from which you can earn passive income

    - Passive income and retirement

    - The passive income mindset

    And much more! 

    Take control of your financial future now! 

    Passive income is the smart way towards a future of true prosperity! 

    Download your copy now!

    LanguageEnglish
    Publisherwlsbooks
    Release dateMar 21, 2016
    ISBN9781524218898
    The Passive Income Mindset: Smart Ways to Achieve Financial Freedom

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      Book preview

      The Passive Income Mindset - Lisa Nemur

      Introduction

      If you have the option, would you rather while away your time and labor in exchange for money, or would you prefer to kick back and relax with money pouring in?

      The latter seems like a preferable option, doesn't it? Not only does it give you time to live life, but also saves you a lot of hard work. This is the effect of passive income.

      In simple words, passive income is the revenue earned without working actively. It is also referred to as residual income. However, it does not refer to a one off payment such as the sale of a property or inheritance. It is a continued and reliable source of income. It can last for years or decades, but it dries up at some point. Creating passive income is the epitome of any personal investment, but it requires a lot of effort and dedication.

      For example, you get passive income when you lease properties, get royalties on an artistic invention or from active internet marketing. It can also be obtained from the interest earned from various dividends and other investments.

      While the battle to procure it can be tough, it is important to maintain passive income once you have it. After all, in this money driven world of today, there is no such thing as too much bank balance.

      With a sustainable passive income, you can live a fulfilling life through doing things that make you happy. They include:

      — Traveling;

      — Staying at home with family without worrying about how to pay bills;

      — Doing things that you are passionate about for a small fee;

      — Doing volunteer work.

      Above all, you live longer since you have less stress.

      Passive income is still a foreign concept to many people. Most people still believe in getting good jobs and working overtime to get more money. However, people are awakening slowly and embracing the different possibilities of making money without having to do tough labor.

      In this generation, there are numerous business opportunities both small and large scale that are attracting more entrepreneurs. Many ways in which people can earn more while working less are devised every day. However, in order for people to embrace these earning strategies, they must understand what passive income is and

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