
Is Passive Income a Myth? | 653
Money Ripples Podcast
00:00
What Is Passive Income?
Chris: We're talking about something where you can actually use your money to invest. Now there are ways to do it with little bits of money but usually requires you to put more time and attention into it right. Even when we have people on like Kim Daly talking about franchises. That's really why I refer to as passive income. Chris: You might be putting in hundreds of thousands dollars to then only be working very part time maybe five, ten, fifteen hours a week in that business. The biggest drama is going to be do you have a good property manager.
Transcript
Play full episode