Comments on: Active vs Passive Income

By: Karen Davis

Karen Davis — Tue, 07 Oct 2008 19:50:18 +0000

This is a good explanation of the difference between active and passive income.

By: Erik Karey

Erik Karey — Fri, 13 Jul 2007 15:04:10 +0000

Very true Marrisa. Passive income is nice to have because if you decide to take some time off or can’t work on a certain day, the money is still rolling in where as you need to be working all the time to be earning the active income.

By: Marrisa

Marrisa — Fri, 13 Jul 2007 12:42:20 +0000

Hi,

I don’t think it’s safe to rely on passive income only.But of course, it would be fabulous not to work that much and earn a lot.

I also find it a little bit difficult to get to that position, where you don’t need to work any more.

Anyway, I liked the article and I also like people sustaining this idea…of working less

Regards!

By: Paypal2u Bloggers

Paypal2u Bloggers — Thu, 12 Jul 2007 07:23:07 +0000

The day the blogs dies will always related to the day the blog didn’t have any update for more than a week.

The traffic flows will be smaller and at the end, the blogs will died until the new updates being posted on the blogs.

By: MorganLighter

MorganLighter — Sun, 17 Jun 2007 16:52:03 +0000

Erik - Great, I mean GREAT!! article. Coming from a financial planning background, your sage advice should be plastered all over the web. We all should live to work not work to live and by developing a passive income that, at least, covers your annual expenses, will afford you the opportunity to tackle the many other richly rewarding projects, dreams, whatever, that you might wish to follow.
Take care.

By: Success Blogger

Success Blogger — Fri, 15 Jun 2007 03:51:26 +0000

Way to go in your attempt to encourage everyone to create wealth streams as I like to call it.

Once you have set these passive streams up don’t forget to start investing them with good old traditional savings vehicles based on your personal risk levels.

Its all about what you keep and how fast you can double and triple it.

Great food for thought.

Work is the common denominator! Let’s all get to it.

By: Erik Karey

Erik Karey — Wed, 13 Jun 2007 23:03:37 +0000

Yes definitely Matt. There is a lot of work involved no matter how you make money. By working hard to create areas for future passive income now, you can increase earnings down the line.

By: Matt Huggins

Matt Huggins — Wed, 13 Jun 2007 20:31:40 +0000

I think it’s worth understanding that passive income is still a result of active involvement. This is especially true for bloggers. Take a look at Darren Rowse (ProBlogger.net) for example. He’s been blogging for years, and while he’s enjoying the fruits of his labors in passive income through deep linked topics that have been referenced by many for years, he still needs to remain actively involved in blogging to really maximize his passive earnings. (e.g.: blogs often appear at the top of search engines because they are updated so often; if Darren stopped updating, he would gradually struggle to hold his top ranks for various search phrases.)