Develop passive income streams for financial freedom from "summary" of The 4-Hour Workweek by Tim Ferriss
The key to achieving financial freedom is by setting up automated income streams that require minimal effort to maintain. By developing passive income streams, you can free up your time and energy to focus on the things that truly matter to you, rather than being tied down to a traditional 9-5 job. Passive income can come in various forms, such as rental properties, royalties from books or music, affiliate marketing, or online businesses. The goal is to create a system that generates income on its own, allowing you to earn money even while you sleep. One of the benefits of passive income is that it is not tied to the number of hours you work. Unlike a regular job where you exchange time for money, passive income allows you to earn money without being physica...
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