Everyone has heard the term Passive Income.
Let’s Learn How To Make Passive Income, because Passive Income can Give You the Life You Deserve.
Passive Income is that meager 1.5 percent interest you make on your bank savings account. Not too exciting. Let’s Discover How To Make Passive Income that can really get exciting!
Wikipedia says, “Passive Income is an income received on a regular basis, with little effort required to maintain it.”
The family in town with the two-family house knows How To Make Passive Income. The rent they receive is considered Passive Income. The interest and dividends received on stock and bond accounts are too.
Still, not too exciting.
perpetual income 365 reviews, How can you Learn How To Make Passive Income on a scale you can write home about? Let’s use our savings account to illustrate what’s possible.
Imagine your bank savings account generates interest of $10 dollars per month.
Let’s keep our example simple…no compounding of interest, just simple interest at 2%. For $10 dollars of passive income per month, you would need to save $6,000 dollars.
$10 dollars times 12 months gives you $120 Passive Income per year. Clear and simple, right?
Now, stay with me…here’s a question for you…
If you create an asset, like a Home Business, that generates $100 per month, what dollar figure would you need to save for an equivalent sum from a savings account?
Your business’ value is equivalent to having saved $60,000 dollars!
How many people can save an extra $54,000 dollars, in say, a year? Not many. But you did it, without all that money, because you created value worthy of a $100 per month income.
Now you see How To Make Passive Income, Here’s what you need to know…
There’s an industry where anyone can start their own business for a few hundred dollars and low risk. Their business, depending on their effort, can generate modest or incredible amounts of income, similar in value to having saved millions!
This is how Passive Income can give you the Lifestyle of your Dreams.
Anyone can learn How To Make Passive Income this way. And you don’t do this by yourself. The industry is populated with experienced people who are looking to help people like you.
These people can coach and mentor you. As you get your business off the ground, these people will also be there as your business grows.
Get the coaching, get the information, invest your time as one would invest time to learn to be a doctor, lawyer or engineer. In 2 to 4 years, depending on your effort, you can build a business you can be proud of.