Passive Income Versus Active Income – Why Passive Income Is Better!
27 March, 2009 (12:28) | Christianity, Nicaragua | By: 
Dusty
Sorry about the lack of posts lately! I have been working a ton in preparation for my 10-day mission trip to Nicaragua.
As I was thinking about all I have had to do just to be able to actually go on this mission trip, I could not help but notice how trapped I am by my job. Don’t get me wrong. I love my job. But in order to actually receive a paycheck, I have to actually show up and get things done. I am more or less tied to my desk from 8am to 8pm, Monday through Friday, and sometimes Saturday and Sunday as well.
Wouldn’t it be nice, if I could earn the same amount of money form anywhere in the world? If I had my passive streams of income properly established, I could grab an i-phone, get on a plane and make money from just about anyplace on earth. Automated income is indeed the key to achieving the lifestyle that I want.
Recently, I purchased One Week Marketing, from a Master Marker named Jennifer. Her no nonsense, streamlined approach, has really got me thinking and dreaming. It has helped me realize that I can achieve my goals. Having a plan is the first step. Everything else is about execution (which is what I am good at).
I want to go on another mission trip in 24 months. When I do, however, I want my passive streams to keep on earning money for me while I am away.
What about you? Are you tied to your desk each day? If you did not have to work, how much could you get done?
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Comments
Pingback from PFI Weekly Updates – March 31 (2009) — Passive Family Income
Time: March 31, 2009, 7:17 am
[...] – Dusty from Chasing The Bull debates why passive income is so much better than active income. Another compelling reason to be your own entrepreneur and [...]
Comment from Jared|Speakwealthnow
Time: April 1, 2009, 11:24 am
We have the same thoughts… Pursuing my dreams while letting income just flow in is definitely a goal I’m going to achieve. But like everyone else who are now there, I know I have to be patient about it and remain determined.
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Comment from Steve
Time: April 9, 2009, 9:45 pm
What I like about your post is that it reveals you are not opposed to making wealth, provided that you can serve others with it. I struggled for a long time, having grown up and seen some of the same poverty you will witness in Nicaragua, feeling like making money was not spiritual. However, as long as the focus is on sharing out of the abundance, I can be happy about building those multiple streams of passive income.
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Comment from Corporate Barbarian
Time: March 30, 2009, 1:46 pm
I’m currently chained to my desk. I hope to change this in the future. As far as not having to work: I have to confess that I like working. I can’t see myself doing nothing even if I were financially independent. Time to think up some new hobbies!