Passive income is one of the best wealth-generating tools, and it can serve as a safety net if you lose your job and are left without an active income source.
This doesn’t mean that there’s no effort used at all, in some cases, you’ll need to put down an initial investment and wait for it to generate income.
Remember that this is not a way to earn a fortune overnight. Instead, this type of income can grow over long periods.
Having access to various types of passive income will make you less reliant on your primary source of income and allow you to achieve financial independence.
Original Article: https://review42.com/uk/resources/passive-income-ideas/