We all are attracted to the passive income. And that has been going on since last 20 years. Ever since people are on the internet making websites, you can find them doing the passive income stuff. Many MLM schemes and the scams happened online. And with enough efforts you can see that most of the passive income thingy are nothing but scam. You are only going to get into the loop of low paying work. And there is no high income to be gained. In due time, you’d understand that passive income is overly promoted. And very few number of people can actually pull out something they called passive. As most of their effort are only going to make the income as active as they spend more time into this. So in this article I want to point out what are some of the passive income options that are not true.
Beach Lifestyle
Many people are being promised that there is a beach lifestyle that may happen if you work on passive income. In reality you have to work so hard to even make 1$ online. And then making another dollar takes even more time. In due time, you can see that such lifestyle promise never works out. You have to instead spend money into something that can properly convert. Because if you are promised 1000$ a month and don’t reach there. How come it is a beach lifestyle? How come it is going to be any good lifestyle at all? This is what many of us need to understand if we are to be reasonable.
Recurring Passive Money
Other than regular day job, I have not seen any form of online income that can generate regular money. So this often confuses me for many reasons. How come people think that it is going to be any good if we are to be doing this on regular basis. For example, if you don’t get paid monthly what seems to be the point of such passive income. You should consider going for any passive income in that case. Because if we don’t choose passive income, we would end up working on this that are not worth spending time over. And that surely does have the issues on our end. That’s what I can think of here.
Retire with Passive Income
Another one of the bad things that people are being projected with is the retirement with passive income. Who does not want that lifestyle? But is it any real. How come people will pay you with such lifestyle. So this does not seem like a good idea. I am not sure if retirement is possible for many type of people. But with passive income it is too good to be true. You have to focus on what can be done with active income. So this is another trap that people should ignore if possible. Because such projection of income is not at all realistic. You have to focus on what you can earn actively and also on recurring basis. That is what is going to help you.
So as you can see that there are lot of such issues that many people don’t tell you about.
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View Comments
I do not like MLM business; it is quite deceiving! Do you pertain to online writing/blog sites where there is passive income? It is true, one can never have a leisurely life out of online passive income.
Indeed online income looks merely like a dream rather than reality. It like almost impossible to earn online income unless you are doing online business.