In this post I would like to discuss the difference between the two types of income we can work for in life. I would also like to define what they are. In life, regardless of what we do we are going to work hard. What type of income would you like to work hard for? One that you have to work hard for all of your life; or one that you can work hard to build for a certain time period of your life that will continue to pay you long after you decide to stop working? That question is entirely up to you.
1. What is Active Income?
Active income is described as ‘actively’ working or trading ‘time for dollars’ by punching the clock, working the 9-5, or exchanging your time for money. You are actively working in exchange for dollars. If you are not there, you do not get paid.
This is the way most Americans are trained and brought up; go to school, get a job, live a safe, secure future and ‘hopefully’ you can save up enough money to retire. Either that, or you work until you die. This is the most widely taught and accepted system in America currently still in 2012.
2. What is Passive income?
Passive income is the type of income that can continue to ‘flow’ to you after you have built up a source that can provide it. You will work hard to build this type of income and it is not easy; BUT, it is very achievable to do. This is the type of income that if you work really hard for 3, 5, 7, years or maybe more can just continue to grow on it’s own and pour money into your bank account weather you are around, working, or not.
I recommend working for both types of income; especially building a passive stream of income in your ‘spare-time’ for yourself and family. Think of it as a side-project that does not interfere with what you’re currently doing. Nothing in life that is worth it is easy, just know that, but you control your own life and the direction you want to go. When I learned what Passive Income was and that it existed and how I could create it, I instantly began learning more and taking Action to create it. We all hold that choice, don’t let fear stand in the way. Take action to create a better tomorrow and a lifestyle you want.
We’re taught in life that “Knowledge is Power”. It’s a lie. Knowledge is useless without Action. Knowledge + Action is REAL power. I hope you have found some value in this post, please COMMENT below and share with the above ‘facebook & twitter’ buttons. Thanks!
Best Regards,
Andrew R. Hillman




















