2 Powerful Methods to Generate Income - Active vs Passive Income Explained

In this video, we explore two powerful methods for generating income: active and passive income. We explain the differences between them and highlight examples of each. With active income, you trade your time and skills for money, while passive income is about earning money without actively working. We discuss various ways you can generate passive income, such as rental income or online selling. Whether you choose active or passive income, it's important to plan and ensure you're earning enough to meet your financial needs. Watch this video to learn more about these two powerful methods for generating income. Don't forget to subscribe to our channel for more informative videos!