You know what it takes to be financially independent and you understanding how generating passive income is the key to that independence, but you may not think that generating that type of income is attainable for you. The truth is that generating passive income is by no means out of reach for anyone, no matter where you are on your financial journey.

Obviously, the sooner you create and start to generate passive income the quicker you will get yourself to financial independence. But, don’t worry if you’re just getting started on your journey, because whether you realize it or not, you’re already laying the foundation. The fact is that the early stages of the journey require the basic building blocks for creating and generating passive income.

“If you don’t find a way to make money while you sleep, you will work until you die.” – Warren Buffett

It’s the basis for financial well-being and it’s the only way to achieve financial freedom! Without a doubt, passive income still takes some work, particularly in the beginning, but once it’s up and running full force, it should take minimal upkeep to keep it going and to keep it growing. That doesn’t mean it can be left completely alone. It will always need regular check-ups.

In a nutshell…that’s the difference between your money working for you instead of you working for your money! When you have to work for your money, it takes every bit of your waking time and effort to generate it. But when your money is working for you, it generates money while you’re asleep. That’s the beauty of passive income and why it’s the key to financial freedom! 

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