DIFFERENCE BETWEEN PASSIVE INCOME VS ACTIVE INCOME
The money we earn and spend has its own value and amount, but the basic difference between earning with your 9–5 job and earning in your free time and giving value to your time. As we know, we tend to get trapped when we do the 9–5 jobs for satisfying our pockets sometimes, we think of learning and earning more without any mental stress. But have you thought about the main difference between these two earnings? Maybe, many of you know the exact difference between these choices and many of you still trying to understand the concept. So, without any further writings, let’s get into the topic.
No matter how you make an income, the money you make will fall into two categories: passive income, or active income.
So, here I want to answer the obvious question: what’s the difference between passive income and active income?
ACTIVE INCOME
If you are earning your salary on monthly or hourly wages, then it is an active income that is generated by your daily working performance in the office or any other places you are working on. It is one of the basic and used choices of many of the people in India as well as other countries, but fewer choices have been made on this source of income in other countries.
Many, people think active income is the source of only earning money and yes it is. But not for every time you can skip for other platforms too, which will value your time and money.
Pros
- Monthly Salary guaranteed
- Increased working experience
- Upgradation in your current working level
Cons
- No value of time
- Fixed income
- 9–5 working hours
- Stress in work
- Pressure from company
Now lets, talk about Passive income
PASSIVE INCOME
Passive income is a source of earning money without your physical presence, as your presence doesn’t require it to earn money.
If you have a passive income stream, you can make money at all hours of the day, and every day of the year. It is another source of money-making via your smart work, and how you manage your work with your ability to do it. So, it doesn’t matter what you are doing, or you are on your vacation, trip, family outings, gaming or just chilling on your bed still you can make money and I am not even kidding.
Internet is one of the major sources of generating passive income through many available sites called Bluehost, Cj affiliate, Getresponse etc Best way to start as a beginner.
Have you heard about these sites do not worry go check out the post covering about Bluehost here
Start your earning with your dedicated work on this website, ill be making a post on other websites too with a detailed description.
So, you do not need to worry at all.
Pros
- No hard work, only smart work required
- No pressure of working
- Good growth in salary
- No fixed salary, you can earn more depending on your work
- No fixed timing, do whenever you want
- Consistency is required
- Some sites are Free to start with one-time purchase
Cons
- Passionate work is necessary
- Some sites take small charges to start with their affiliate program
Thank You for Reading, I hope you understood the difference between what’s the difference between passive income and active income?
Wishing for your commencement.
