Answer: See below
Explanation:
The usage of passive income instead of collecting and saving your money without risking a loss through investments:
Passive income is money that you make without having to perform a lot of "active" work to keep it. In essence, you may complete the most of the work upfront and put in some extra effort along the secondary source of income.
- Passive income reduces your stress, anxiety, and fear of the future unless there are extremely high-risk investments.
- It allows you to pursue doing the things you love rather than what pays the bills.
- Passive income gives you the ability to live and work from anywhere.