Over the last few years, i’ve realized that the greatest resource of our lives is not money but ‘Time’. When you have time as a resource you can plan, you can make a few mistakes and learn from them and that can be your path to making some difference to humanity. Understanding this might be easier said than done. While the path towards freedom to have ‘time’ as a resource involves you building considerable wealth during your working lifespan.
What does passive income do to you as an individual ? When you have a fixed source of money coming in and taking care of your needs without you putting any additional efforts to earn that passive income, you gain ‘time’.
In today’s time there are multiple ways where you can build a passive source of income. The age old way is to start your investing journey early in life , this gives you considerable advantage over time. In the digital age also consider increasing the content that you put out in social media platforms, this can work as a passive source of income over time as you increase your followers. The way ahead for brands to be more closer to their customers is by marketing through influencers, this also increases your credibility in your professional lives. While all this requires time to build, but after a point it goes on autopilot and you can build a considerable bank of ‘time’ for your own sake.
Simple Finance 