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Passive Income is a great way to help you generate some extra cash flow.
With this pandemic throwing away jobs like anything, passive income helps you bridge the gap if you suddenly become unemployed or even if you voluntarily take some time away from work.
The advantage of having passive income is that it grows over time and you can plan to build your wealth through it.
In this video, we will be explaining to you what is passive income and share some of the ways in which you can build and grow your Passive Income.
Some of the passive income ideas that we have for you include:
2:05 RENTAL INCOME
3:24 DIVIDEND INCOME
5:09 SAVINGS ACCOUNT
5:46 PEER TO PEER LENDING
6:37 CREATE & SELL AN ONLINE COURSE
Let us know down in the comments section which one of these ideas worked the best for you and if you have a great idea to share with me.
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