Business
In today’s episode, we explain exactly what we mean by diversified income, within the context of active vs. passive income. We give examples of passive income (such as investing in the stock market or real estate, or E-commerce) and active income (such as providing and selling a service). For ideas on passive and active income streams, we recommend listening to previous episodes of this podcast, as well as “Side Hustle Nation” with Nick Loper, and “A Millennial’s Guide to Real Estate Investing With Antoine Martel,” both of whom have been interviewed on our podcast. Why Diversify Your Income? 0:50Active vs. Passive Income 1:33Find Ideas for Diversifying Your Income 4:14“When I talk about diversified income, I’m just saying diversify it however you need to, because your primary income stream will end. Maybe it just did with COVID-19.” 3:48Reach Out To Keith, Get Help and Resources: https://dincpie.com/