Probably you don't understand what passive income means?

Passive income is the money you generate with little active involvement.

This could involve cash flow from rental services, dividend stocks, sales of products etc.

This is a long term offer. Passive income has always been important.

But it is dawning on us now. It is more like a necessity.

Except, you want to grow old and still want to wander around the street to hustle for daily bread.

However, building a passive income is not a get rich quick system. But it is a way of increasing your returns with a diminishing work input over time.

If you are willing to commit your time, skills and money towards building passive income and in all likelihood enjoy early retirement.

Here are 2 things you could do:

1. Create a digital product: Writing an e-book or creating an online course is an example of a passive income stream. All you need to do is to write or create once!

Spending your time writing or creating a digital product in a field in which you can share your specialised knowledge is a goldmine.

However, you might need to trade your TIME, KNOWLEDGE and MONEY to sell a very good product.

But even while you're asleep your income flows.

2. Become an Affiliate: This is simply promoting the product of another person or company in exchange for a commission on resulting sales.

Just link up a merchant and a consumer!

If all measures are set up properly, while you're doing other things. Your promotion goes on and you get your income off other people's products.

You can tell that this is quite more easy than creating a digital product. You need not stress over putting in the best expertise in creating a product.

All you need to promote an existing product. Simple!

I know you're smart; to become smarter you should start building a passive income.