The adage time is money never feels truer than when youre getting paid by the hour.
Long term, though, trading your time for money isnt a sustainable goal.
As personal finance blog Afford Anything explains, this is the core concept thatall passive incomeboils down to.
Trading 40 hours of your week for money is great when youre starting out.
When you get to be 60 or 70, its going to be a lot harder.
Ramp up, so later you might ramp down.
Passive income isnt something-for-nothing.
This aint no lottery, and its not a get-rich-quick scheme.
No ones going to pay you to sit at home, right?
Except, we often see that this is true time and again.
Putting in money now for long-term gains can do more for your wealth (and happiness!)
than a stable, endless 9-5 job will.