https://goo.gl/sPsjk1 <br />That typically means that you continue to make income with no or very little effort on your part to maintain that cash flow. <br /> <br />For the purpose of this article, we are going to lump passive income and portfolio income into the passive category, and active income into the non-passive category – although the IRS categorizes and treats each type of income differently. <br /> <br />You can see why the idea of passive income would be appealing. Typically when someone needs additional income, they get the stereotypical suggestion to “get a part-time job.” <br /> <br />But what if you don’t have the time or energy to put in all those extra hours? <br /> <br />I know I didn't. Plus, that wasn't as appealing as making money without needing to trade my time. <br /> <br />For that, you may need some passive income ideas – ways to make money with little investment of time and effort on your part. And a great benefit of this is if you are trying to pay off debt quickly, this can be a huge help!
