Hello Hive Learners,
I'm very delightful to make this entry under this topic: Passive Income.
Passive Income
A banker can still have his crypto currency staked so as to continue earnings and A Teacher with big salary, can still have small shop where she sells groceries in the evening after school works. Those income earned from other activities apart from their main job is refered to as "Passive Income".
Reasons for Passive Income is that it increase the money generated and such income helps to handle some expenses. Such income can be save or invest too. Most of passive income generated with low effort/time as many earns even as they are sleeping.
Any Experience so far
I'm a business man with a groceries shop. I'm very active as it takes more of my time, cash and efforts to stock and sells my goods. I'm very happy man with my profits after expenses but still needs more incomes.
I'm engage passively on cryptocurrency trading and hodling for income. My earnings here is little but good as it cover some of my expenses especially data or other bills.
During this Yuletide seasons, I rears broiler chicks into table-size fowl for sales. This hustle is good for me although challenging. After the sales, income generated passively helps me a lot.
Conclusion
To be financial balanced, One need to have a good source of income. The money generated, can be helpful as the loads of expenses keep increasing per second. If one is happy and financial secure with his Job. He/she should stick solely with it but if otherwise, he should expand his/her horizon of income generation.
