
Reducing Expenses For Some Passive Income
It is hard to argue that reducing expenses is not the least exciting episode of this season. Nevertheless, this is an important part of our passive income strategy. Debt is a killer of any income. Also, any funds we free up can be used for investing and other income streams. That makes this an essential part of the move to being a master of passive income. Reducing Expenses Adds Up Investing income builds over time. On the other hand, debt reduces our funds over time. Think of it as a form of negative passive income. That means any obligation we have will automatically kill our passive income attempts and what that provides. Of course, we could generate passive income to... Read more