Create and Increase Your Passive Income

Many financial gurus say to reach financial freedom, your money has to work for you rather than you work for money…Passive Income is the best way to achieve this…Financial Freedom is when Passive Income greater than Expenses

Passive Income > Expenses = Financial Freedom

If we google and look at Wikipedia, the definition of Passive Income is an income received on a regular basis, with little effort required to maintain it. That’s mean we work less, have a lot of time with family, can go holiday and do whatever we want anytime

so the next question is, how to create Passive Income?…so below is the list of Passive Income that can be done in Malaysia…some items in the list below are called Portfolio Income, such as royalties and capital gains…but for me, as long as the income required less work, all these can be called Passive Income

* Interest (e.g. saving account, FD)
* Dividend (e.g. ASB, EPF)
* Stock Market
* Property (rental)
* Pension
* Royalty / Intellectual Property
* Unit Trust
* Franchise
* MLM
* Insurance
* Affiliate Program
* Partnership Investment
* Commodities Investment (e.g. Gold, Silver)

Copy & paste from http://www.bebas-hutang.com/