Understand the importance of passive income from "summary" of Rich Dad Poor Dad Summary (by Robert T. Kiyosaki) by Robert T. Kiyosaki
Passive income is one of the most important concepts to understand if you want to achieve financial freedom. Unlike active income, which requires you to trade your time for money, passive income allows you to make money without having to actively work for it. This means that even when you're not working, you're still earning money. One of the key benefits of passive income is that it gives you the freedom to pursue your passions and interests without having to worry about money. It provides you with a sense of security and stability, knowing that you have a steady stream of income coming in, even when you're not actively working. Another advantage of passive income is that it has the potential to grow exponentially over time. By investing in income-generating assets such as real estate, stocks, or business...
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