Passive Income

One of the best ways to make money online is from passive income.

Passive Income - income generated from business.

Passive Income is generated from businesses. You can sell products or offer services, or a combination thereof. Examples are buying/selling digital products, trading merchandise as in wholesaling and retailing, etc. In many cases, you need not be physically present in your place of business.

The beauty of going into your own home based business is that you work for you, not for someone else. You enrich yourself, not someone else. Your time is disciplined but more flexible because you can make your own schedule.

Another advantage of going into business, especially in your own corporation, is that you earn and spend before tax is deducted, unlike being an employee where you are taxed before you spend.