FINANCES : The Power of Passive Income

There are mainly two types of income, active and passive income. According to Simple Dollar, active income is earned through your active effort - in other words, the money you make from your job. Your paycheck is active income. Income from any side businesses you have is active income. Incidental earnings, like finding money on the street, are active income, too, since you actually had to contribute effort to receive it at all.
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