Think You’re Too Young to Worry About a Pension? Think Again

    It’s common for most youngsters to feel shocked when asked to think about retirement. Once they complete their graduation and find a good job, they usually feel that life’s responsibilities are over. While it may seem strange to think of your retirement during your twenties or even thirties, you can enjoy the prospect […]

Making Money while you Sleep: Why Passive Income Works

    Do you feel tired and low after days of relentless, exhausting work? Are you interested in reducing reliance on a single source of income? If the answer to the above questions is in the affirmative, you might want to explore alternative avenues of income generation. When we use the popular euphemism ‘9 to […]

Interested in Earning More Money? 5 Proven Ways to Create a Passive Income

    If you are able to sell useful services to other people (with a minimal investment of time and effort) you can make a significant amount of money. Here are a few examples of how to earn passive income:   Create an information blog A blog is essentially a website that gives information about […]

Understanding the Difference between Financial Independence and Financial Freedom

    Although it’s common to hear the two phrases ‘financial freedom’ and financial independence’ used interchangeably, they do not mean the exact same things. The two ideas are interlinked but involve subtle differences in interpretation. If you’re interested in working towards building passive wealth, it’s important to understand the meaning of each concept. What […]

Creating Financial Independence: Why Is Passive Income Important?

    ‘In order to achieve financial independence, your passive income must exceed your expenses’ Robert Kiyosaki, author of best-selling book ‘Rich Dad Poor Dad’. With rising expenses and escalating living costs, it is no longer enough to have only one source of income to rely on. Passive income is particularly important because it generates […]