Any form of extra Income which you make apart from your regular Income can make you wealthy. The reason is the law of compounding as we all understand making passive Income is all about working on your skills and passion over a period of time.
Your efforts and time compound and start showing results in form of passive Income.
Passive income is going to Increase:
Just imagine you having started earning passive Income through different sources, is it going to increase or decrease ? The answer is an Increase. Any form of Income if worked consistently and build over a period of time is going to increase in future.
Invest passive income judicialy:
You just wonder saving every month from your salary but it hardly happens and what if you start earning all the money which you always wanted through passive Income. You can put that money in your favorite investment options such as stocks, mutual funds, FDs etc.
Now its your turn to deliver your passion and skills into some form of activity that starts generating passive Income. This could be opening a YouTube channel, starting a blog etc.
