Introduction

Do you dream about achieving true financial freedom? Do you want more time to spend with your family and friends or do the things you love?

Money does make certain aspects of life easy. It makes it possible to do things we couldn't do without it. We could all use more money than we have. For many of us, it can seem like the only way to get it is to place longer hours at work than we already do. We feel limited in terms of what we can earn. Taking a second (or third) job is exhausting to think about, yet many people do precisely break free of debt and make a good income.

There's an adage that says that nobody ever wishes, on their deathbed, that they had spent more time working. Whatever you earn during your lifetime – and however much time you spend making it – you can't take it with you when your life is over.

Working longer hours, and taking time away from the people and things you love, is not the answer. The only way forward is to find solutions to make money consistent and constant, and that doesn't require you to waste your life working hard that you don't have time to taste roses.

What You Will Learn in This Book

What if you could earn money while you sleep or while you spend quality time with your family and friends? The purpose of this book is to support you do exactly that. It might sound too good to be true – but I promise you, it's not. The secret to accomplishing that goal is learning about a type of income called passive income.

In the first chapter, I will cover the basics of passive income. What is it, and how does it differ from the income you earn working a 9-to-5 job? I'll give you basic definitions of active and passive income so that you understand the difference – and why passive income is preferable to active income in the long run. I'll also explain why it is essential to set up multiple passive income sources if you want to attain true financial freedom.

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