The 7 secret keys to wealth – Key #3: Passive Income.
This article is one out of seven that I wrote about wealth. The whole series contain a lot of free valuable information about key factors that can help you become wealthy. The rich do things in a different way. That difference is the one I want to explain here. Let’s scrutinize together these strategies that can make you more money and help you boost your income.
The whole series contain the following articles . . .
1. Add Value.
2. The Multiple Streams of Income.
3. Passive Income.
4. Residual Profits.
5. Leverage.
6. Specialization.
7. Compound Interest.
You receive passive income when you are able to set up a business on autopilot, receive royalties from your art or creativity or make consistent profits from your investments. There are different ways to receive passive income. Some of them are more effective than others. I will show you a few examples here.
First let’s explain how important it is to have passive income. Most people work too much on their jobs. They exchange their time for money. If they stop working, they stop...
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