- FNJ Global
- Posts
- Passive Income
Passive Income
Financial Freedom Awaits!
Jibran Cheema
October 17, 2023
In his ninth life, this catto has finally realized the importance of having passive income avenues
Unlocking the potential of Passive Income
Welcome to the fourth edition of The Stapler, where we explore the business world of today and navigate our pathway to financial freedom. This week, I make a case for utilizing the power of passive income to sky rocket our journey towards financial security.
Let's dive in.
Subscribe here to receive the newsletter directly in your inbox every week.
Briefing
Passive income is probably the most unexplored (and underrated) financial tool of today. It refers to income earned, with minimal effort or active involvement, once the initial work or investment has been made. It is gaining popularity as it offers the ability to generate income without constantly trading time for money.
Once you have done the hard work, all you need to do is relax and reap the rewards
An attractive benefit of passive income is that it can help us achieve true financial freedom. In other words, once a steady stream of passive income is available, we shall be less reliant on periodic paychecks and have more flexibility to live the life we want.
This article by FNJ Global is a good guide about the world of passive income, exploring what it is, why it matters, and how we can harness its potential to reshape our financial future.
Read on and come back.
If you like what you see, then do follow the FNJ Global page to stay updated about all things business and finance.
Click on the tree to check out the article
Visual Aid
If reading is not your thing, take a look at this video where we summarize the benefits of passive income and the avenues to avail it. If you like the video, then do not forget to subscribe to the our YouTube channel.
Click on "Freedom" to see the video
Fact Check
The global passive income market is expected to reach $10.4 trillion by 2028.
The average passive income earner makes $1,200 per month.
The top 10% of passive income earners make over $10,000 per month.
Real estate investing is the most popular way to generate passive income, with over 30% of passive income earners using this avenue.
Affiliate marketing is another method, with over 20% of passive income earners using affiliate marketing.
Make the right decisions and sleep well
Laugh Attack
What's the best way to make passive income from real estate? Rent out your basement to your friend
How do you know if someone is earning passive income? They’ll tell you.
How do you make passive income from a blog? You write about how to make passive income from a blog.
Why did the chicken cross the road? To get to the other side hustle
What’s the best way to make passive income? Ask me for $10 and buy my course
Vince mints money by making others do the work
Quote Corner
"The goal isn't more money. The goal is living life on your terms."
"Passive income is the best way to buy back your time and gain the freedom to do what you love."
"The rich focus on building assets, while everyone else focuses on building income."
"Your income is directly related to your philosophy, not the economy."
"Passive income is not about working harder; it's about working smarter and leveraging your resources."
How our Monday afternoons will look like after we embrace the world of Passive Income
Sponsor of the week
This one is for all the artistic folks among us. If you are on the lookout for freelance opportunities relating to graphic designing and video editing, follow Design Every Week on X, so you do not miss out!
For sponsoring the next edition of The Briefcase, feel free to reach out at [email protected] or DM here
Stay Connected
Subscribe here to stay updated.
See you next week!