Week 22 of 25 

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#22. LEARN ABOUT PASSIVE INCOME

Up until now, the self improvement tips I’ve shared focused on improving yourself and not your finances.

But your finances play a big role in your life and as a result, need to be included in this list.

Specifically, we will talk about passive income.

Passive income is the ability for something earn you money without you having to do anything to keep earning money.

For instance, if you sell a book online, that book is able, theoretically, to sell forever.

Other examples include tutorials or Youtube videos.

If you place a tutorial on Udemy, it has the capability of bringing in monthly income without any further effort on your part.

Another example is investing your money in dividend paying stocks.

After you make your initial investment, the stocks you own pay you a dividend every quarter. There is nothing you have to do to earn this money.

Learning about passive income is not just learning about what it is. It consists of seeing how others achieve it.

By seeing how others are able to obtain passive income, you will begin to examine how you might leverage your knowledge and skills to develop your own source of passive income.

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#PersonalGrowth 

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❓ Are you ok with being average❓

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