Are you spending most of the time on your day job? Most people are stuck with 9-5. In Malaysia, it is very common for a hardworking employee to work like 7-11 (start on 7am, finish on 11pm). During this economy downturn, people work even harder just to avoid being the first to be retrenched.
We all have limited time â€“ 24 hours a day. Break it down:
Sleep: 8 hours
Work: 8 hours + 2 hours (commute, meal etc)
You are only left with 6 hours a day.
What about the weekend? If you want a quality life, you will probably spend the weekend with family and friends.
If you are really stuck with a day job right now, the only difference you can make depends on how you utilize the remaining six hours a day.
As you know, active income requires your full time participation to make money. You are being paid for the effort you put in during the time you commit to your employers. At the moment you stop working, your active income will stop too.
So many ways to build passive income streams, what do you do?
So, have you started building your passive income stream? There are so many ways to make one. All you need is the effort and commitment.
Can you write a book?
Can you start a business?
Would you make money online?
Do you invest your money wisely?
Do you shop for a property that gives good rental yield?
How many hours you spend everyday to build passive income?
Successful entrepreneurs spend more than 8 hours a day building passive income streams. And they do it for fun most of the time.
If you find yourself too busy and even overwhelmed with your active day job, you will be trapped in the rat race for quite a long time.
Tell us how many hours you spend everyday to build passive income source. What you do to achieve it? Letâ€™s discuss it here at the comment section.