12 Passive Income Quotes
The best time to plant a tree was 20 years ago. The second best time to plant a tree is today.
You can't have a million dollar dream with a minimum wage work ethic
You become financially free when your passive income exceeds your expenses.
If you don't find a way to make money while you sleep, you will work until you die.
The key to financial freedom and great wealth is a person's ability or skill to convert earned income into passive income and/or portfolio income.
Rich people choose to get paid based on results. Poor people choose to get paid based on time.
Make the money, don't let the money make you. Change the game, don't let the game change you.
He who makes $25,000 annually through passive income is more enviable than he who earns $100,000 annually through a salary.
I personally feel that the #1 benefit of having my expenses covered by passive income is that I get to keep doing a lot more of the kind of work I enjoy. I also get to work the way I want to work — where I want, when I want, how I want, and with whom I want.
My rich dad taught me to focus on passive income and spend my time acquiring the assets that provide passive or long term residual income...passive income from capital gains, dividends, residual income from business, rental income from real estate, and royalties.
Passive income earners are constantly looking for ways to put more value into the hands of more people. They want to be as generous as possible. They love to share. And so society rewards them with streams of passive income, so they get paid even when they aren’t working.
Residual income is passive income that comes in every month whether you show up or not. It’s when you no longer get paid on your personal efforts alone, but you get paid on the efforts of hundreds or even thousands of others and on the efforts of your money! It’s one of the keys to financial freedom and time freedom.