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43 votes
43 votes
Investments earn passive income, which means the money earns extra value over time without you having to do anything in particular to earn it.

If you have a good job and a budget that allows you to save a portion of your income throughout each year, what’s the point of passive income? Why not just collect and save your money without risking a loss through investments?

User Plan
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2 Answers

12 votes
12 votes

Answer:

The usage of passive income instead of collecting and saving your money without risking a loss through investments. Passive income is money you earn that doesn't require you to do a lot of “active” work to continue making it.

Step-by-step explanation:

User Mr Jerry
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19 votes
19 votes

Answer:

Step-by-step explanation:

The usage of passive income instead of collecting and saving your money without risking a loss through investments. Passive income is money you earn that doesn't require you to do a lot of “active” work to continue making it.

User Chris Pickett
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