Most people spend their entire lives working for other people. They spend their energy in exchange for wages and salaries. Life is about finding your purpose in life and spending quality time with the most important people in your life. If you are willing to learn, you are teachable, and can follow simple instructions, you can earn multiple streams from passive income too.
Watch the full episode of From Employee to Investor: How to move to the right side of the Cashflow Quadrant by Robert Kiyosaki.
From Employee to Investor: How to move to the right side of the Cashflow Quadrant by Robert Kiyosaki?
What is Passive Income?
Passive income is the income you earn without having to work for it. For instance, you can earn passive income by referring others in your program. It is easy to increase passive income by investing in the right opportunities. You should spend more time creating your passive income streams than on your active income streams.
Why you should move to the right side of the Cashflow Quadrant by Robert Kiyosaki?
If you’re young, you should focus on building a source of income that requires little maintenance and gives you the freedom to pursue other things. Having a passive income from the Business and Investor quadrants is the key to early financial freedom. It’s not just a nice idea, it’s a must-have if you want to be financially independent.
Disclaimer: We are not financial advisors. The content on this website and our YouTube videos are for educational purposes only and merely cite our own personal opinions. In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary. Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won’t experience any loss when investing. Always remember to make smart decisions and do your own research!