What Is Passive Income?
By definition, passive means “not working or operating.” Passive income means not having to work actively and still earn. Stephanie Meyer (Twilight) and J.K. Rowling (Harry Potter) earns passive income out of the booksales and royalty fees of famous novels that they wrote five, ten years ago. That means if you were able to write a relevant article and had great reader turn-out, you will continue earning pennies out of that article everytime someone clicks and reads your article. Moreso if you have advertisements in your write-ups –you earn everytime someone clicks on your ads. Does that mean you expect big time money by writing articles under your name ? Yes you can, but it will take a while. Most online writers who had been in the business for a year or two (or more) are now regularly earning as much as $100 - $300 per month (and sometimes go as high as $500 per month), depending on the effort that they have previously put in. Can I give up my job for this ? It i