The meaning of passive, transferable income means no matter when, the income will continue to come and that money will keep on coming. One must be aware of life's changes and be prepared for the rainy days.
Why must we acquire passive income?
Reasons are as below:
[1] as one age, one's energy and stamina will be deteriorating... thus less energy to earn as much as when one is young
[2] the value of money is losing day by day due to inflation
[3] expenses, life expectations get higher nd higher
[4] job opportunities get less
[5] job competition on the rise
[6] people are easily substituted by machines and robots
[7] with internet, the world is getting connected, thus there are countries where labour is cheap and soon replacing many people
[8] standard of living is forever rising
Thus we are in dire need to be involved in a networking which offers us passive income and be well-fed for the rest of our lives. Financial security is the word!
Be proactive, dont wait for things to happen, make things happen.
No comments:
Post a Comment