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How Passive Income Can Be Your Ticket to Financial Freedom

  • Broadcast in Business
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One of the most important things to know is this:

Being rich doesn't necessarily mean you're financially free. 95% of people have this misconception.

So the biggest question on financial freedom is about advice on:

  • How to create passive income,
  • The fastest and easiest way to reduce their working hours, and
  • Still earn the same amount or more money.
  1. Earn Passive Income by Having Investments Work for You

    This means that you have to first save some money. Without saving any money you cannot become financially free, especially on the investment-working-for-you side.
  1. Go with an investment vehicle that resonates with you, what feels good for you and what you like.

    2. Make sure that vehicle has a decent chance of working well. Ask friends or professionals; do some research. The information is out there for those who really want it.

    3. If you're going to do it yourself, you'd better be good at it or you're going to throw your money away. If you're going to invest yourself, choose a system that makes sense to you. Or maybe it's time for a portfolio manager.

2. Earn Passive Income by Having a Business Working for You

There are passive-income-based businesses. What can you do to your business or future business so you aren't working in them for 10 hours a day forever?

People who should listen to this show are entrepreneurs

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