Passive Income: What is It, and Why Should You Be Prioritizing It?
We all hear the term ‘passive income’ thrown around a lot on social media, in the news, and in various chatrooms today. Although the term can sound valuable and impressive, it can also be confusing for a lot of people. The concept of having your money work for you, over and over again, while you sleep, for many, just sounds too good to be true. And indeed: A passive income does not build up during one night, but you will have to work for it. However, if you have the systems and structures in place, you can scale your income and make money while you sleep.
Therefore, it’s important to prioritize your financial education and intelligence, says passive investor Eva Abert. Having mastered the art of making her money work for her over the last 13-years, Eva wants everyone to know what is available to them if they pay attention.
It often Starts Online
Before we used the internet and digital connection, most kinds of automated passive incomes were not possible – that’s why Henry Ford worked so hard to create the assembly line. The more efficient these systems are, the more products, and therefore, money that can be made. This is exactly what Robert Kiyosaki (the world-renowned author of Rich Dad Poor Dad) means with his Cashflow Quadrant: if you no longer exchange time for money but build systems that work for you or invest in such systems, you can become financially free.
But, today is an entirely different beast thanks to algorithms, search engines, ads, and accounts. Now, individuals like yourself can set up accounts, join platforms, create ads, post videos, and do everything they need to do to build up your income-streams. The more of these verticals that are obtained and pursued by a person, the more money they stand to make.
“As I always say to my clients, there are 1001 different ways to build up income-streams right now. I am not exaggerating, as I have experienced and learned nearly all of them. But, what’s more important is which options are my clients willing to first learn, and second commit themselves to mastering so they can walk away from a money-making machine,” said Eva
With Automation, Real Wealth is Possible
Eva is a financial mentor and wealth inspirator today, showing people and mainly women how they can multiply their income by relaying on passive income streams. With that money, she then shows them how to invest it back into additional passive income options to grow it over-time. Eva draws from a variety of opportunities to build different income streams with her clients, based on finding the right income opportunity and matching it up with current available resources.
Eva then pairs her clients with her top-class network, which she has carefully build up through interviews with many hundreds of the most brilliant minds in the German-speaking world. She understands that passive income is as personal as any other endeavor today, which is why she is encouraging people all over the world to consider the value of this kind of investment.