Passive and Residual Income: Strategies for Financial Freedom
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About this ebook
"Passive and Residual Income: Strategies for Financial Freedom" is a comprehensive guide to achieving financial freedom through a variety of passive and residual income streams. The book explores the benefits of passive income and the importance of diversifying your income streams.
Some topics covered include rental properties, stock market investments, affiliate marketing and much more. The book also goes into how to start a side hustle, automating your finances and, most importantly, how to achieve time and money freedom.
True freedom is having both time and money. This book is a must-read for anyone looking to secure their financial future and living the life of their dreams.
Darren G. Burton
I have been a writer for over 30 years. I've written numerous full length works of fiction and non-fiction, as well as many short stories and anthologies.darrenburton77@gmail.com
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Passive and Residual Income - Darren G. Burton
Passive and Residual Income: Strategies for Financial Freedom
Darren G. Burton
Published by Darren G. Burton at Smashwords
Copyright © 2023 Darren G. Burton
This eBook is licensed for your personal enjoyment only. This eBook may not be re-sold or given away to other people. If you would like to share this book with another person, please purchase an additional copy for each person. If you’re reading this book and did not purchase it, or it was not purchased for your use only, then please return to smashwords.com and purchase your own copy. Thank you for respecting the hard work of this author.
The Author asserts the moral right to
be identified as the author of this work
Cover Design: Darren G. Burton
Chapter One - Introduction
Welcome to Passive and Residual Income: Strategies for Financial Freedom.
In this book, we’ll be diving into the world of passive and residual income, exploring what it is, the benefits it offers, and why it should be an essential part of your overall financial plan. If the goal is to have the freedom that both time and money allow, then you really need to generate passive or residual income.
Definition of Passive and Residual Income
Passive income refers to income that is earned with minimal effort on your part. This can include rental income, stock dividends and other investment