MONEY MANAGEMENT phase3

An active income is the income you get from service rendered, it is usually your income from your job or business.
For example,if you work at a bank and you make 300,000 thousand a month as your salary, that is your active income or if you run a catering business and you make 300,000 in profits every month, that is your active income.DQmPM3BTpuSyb3jiw99kFAAdfFuonp2rv3X13FS9tGteitn_1680x8400.jpeg

Passive income in simple terms is money make while you are sleeping. It is the income you get regularly from investment you have already made.

Good example are dividends from a stock portion or rental income from a property you own.

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