How Your 9-5 Job is Slowing You Down Financially
In this video we break down the differences between active income and passive income. We're talking about the grind of active income, where you work for your money directly, versus the game-changing vibe of passive income, where your money does the heavy lifting. We'll go over the good and the not-so-good of each, and share some smart moves to shift from working-for-money to making-money-work-for-you. This is for you if you're into getting a handle on your finances and making your money work smarter.
1:06 Active Income
1:47 Passive Income
3:15 Reason 1 - Active Income is Taxed First
4:05 Reason 2 - Active Income is Taxed HIGHER
5:05 Reason 3 - Passive Income Saves You Time