No matter how high your income you cannot become wealthy through income from your work alone and unless you learn to generate passive income you will have to run the rat race for the rest of your life.
In this episode Danny, Poujix, and Sinix discuss the issue of passive income, articulate its importance, and offer various means to generate passive income from selling intellectual properties and investing in another business to buying real estate to rent it out and becoming a shareholder in the stock market.
The crew also emphasizes the importance of financial discipline so as to be able to spend less than you earn and save the rest to be later used to generate passive income. Financial prosperity requires one to look beyond the mere present and to have a clear financial plan for one’s future and in this episode of Beyond the Present podcast we will assist you to do just that!
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