Five Things That Need to be Said About Passive Income

There are many ways to earn passive or semi-passive income, and PIMD makes an honest assessment of what passive income really is.

It’s been a little over two years since I started this journey of blogging about passive income, and I’ve learned so much along the way. The term “passive income” has come to mean something very different to me over these years.

Here are a few things that I’ve come to realize throughout this journey that I hope you’ve learned as well.

Five Things That Need to be Said About Passive Income

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If income with no effort is your ultimate goal, it’s likely that you’re either going to get scammed, or you’re taking an extreme risk and putting yourself in a potentially bad situation.

Passive Income Isn’t Completely Passive

I’ve found that people who have achieved financial freedom through passive income end up pursuing their passions rather than just laying around.

Passive Income Gives You the Choice to Do Nothing, but Most People Don’t End up Doing That

Many people talk about desiring passive income, but very few people actually take action. Most will get stuck in “analysis paralysis” and never take that all important first step.

Passive Income Takes Time to Develop

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