How to make a good passive income in Canada

You’ve got a steady paycheck from your 9 to 5 job and that’s cool. 

But deep down inside you know you’ve always wanted more. More money. More freedom. More flexibility. And so you finally decide that it’s time to take action. 

What is Passive Income?

Passive income is money you earn that doesn’t require you to do a lot of “active” work to continue making it. In essence, you can do most of the work upfront and put some additional effort along the way to earn an income.  

In theory, all of your income sources carry similar weight. But when it comes to achieving financial freedom, passive income leaves active income in the dust.

You see, active income is the money generated from all those efforts you’re currently making. And you need to keep working in order to continue earning an income. If you quit, you don’t get paid. Your time literally equals money.

And then you have passive income. An income that doesn’t require you to work actively. And the money continues to flow in for years and years. If you’re looking to design a dream life where you are financially free, it might be better for you to focus on passive income.

Just remember, while you might be able to build a passive income stream with a small investment, you’re not making any less of a commitment than someone investing their time. Making passive income comparable to income earned from active efforts requires a good amount of work upfront.

How can we make a good long term Passive Income from financial industry?

There are various ways to generate passive income like blogging, creating youtube videos, selling a course online, create an app, buy rental properties, host airbnb, selling stuffs, uber or door delivery jobs etc but there is a effective way to make a passive income which stays with you for ever and carry forward with your next generations by working in financial industry by financially educating others.

Advantages:

-Minimal Capital investment

-No Business setup or overhead

-Save taxes

-Be your own money manager, save time

-Learn and earn at the same time

-Earn by sharing and helping others

-Build a team so you can multiply your income faster.

If this sounds exciting… want to know more.. please contact Rana +1 647-980-9310 or rana.sasikumar@gmailcom