Side Hustle Teachers

What Is Passive Income?

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Sinopse

Passive income is often seen as the holy grail of the side hustle. There are many - especially online - who present themselves as passive income specialists, lying on a beach all day, sipping fruity beverages, and listening to their phone cha-ching to alert them to new sales.  If that sounds too good to be true, it’s because it is. For a long time passive income was dangled in front of people as a “set it and forget it” method of making money. Just do X, Y, and Z, then sit back and watch the money roll in. Of course, that’s not really how it works. Passive income, in the sense of making money for doing nothing, doesn’t exist.  On the other hand, I woke up to 2 sale notifications this morning, meaning I made over $100 while I slept, so passive income is a real thing. And as a teacher who doesn’t want to hustle and grind my way into early retirement, it’s key to running a side hustle that doesn’t make me more stressed out. Let’s explore the real world of passive income. What is Passive Income? For today’s purpo