Building good "time and money" habits is difficult, especially if we are overcoming poor behaviors. One way to form good habits is to reward ourselves. Passive... > Lire la suite
Building good "time and money" habits is difficult, especially if we are overcoming poor behaviors. One way to form good habits is to reward ourselves. Passive income is a mindset and a lifestyle. Every day we need to review our income sources and tweak them to get better results. If you invest in dividend-paying stocks and cryptocurrencies, then every day, you need to check the markets. If you invest in real estate, you should read a daily blog about the housing market. If you have a business, you should review your data daily. Yes, it takes a lot of work to maintain and grow passive income, don't let the name fool you. However, you are not exchanging time for money. You decide when to best interact with your income portfolio. And once the money starts rolling in, celebrate and enjoy your earnings. Don't worry; the money will be back next month. That's the magic of passive income; it does not depend on spending your time accumulating. Give yourself positive rewards to encourage solid money habits!