GO FOR RESIDUAL INCOME.

This is my entry for week 40 edition 1 which focuses on passive income however I personally titled my own as residual income is good. I want to acknowledge the management crew for putting up something like this and to every participants kudos and God bless you all.

Life is dynamic hence, it changes over time due to so many factors. It's important to note that human needs are enormous and consistently high if other things aren't done life might become unbearable.
I was fortunate to be brought up in a monthly salary family where most people depend on what the government say and indirectly become slaves to them.

We are living in the time where passive income is very important.to both families, Organisations and most importantly the entrepreneur.

Importance of passive income

As I said earlier passive income does a lot to an individual which includes;

• More financial stamina. Are there dreams that seems unachievable because of your financial status? One of the surest way of building capacity and strong financial muscle is via passive income. The major income generated from the main capital or salary won't be sufficient rather having other menial but paying job would help one to have financial stability.
• Goal attainment is also visible through passive income and also create an enabling environment for fast realisation of a particular objective without stress but absolute ease.
• One of the amazing fact about passive income is that it would be hard to lack resources at discretion because there is constant inflow of money no matter how small it might be has the capacity of turning things around.

Yes I have a passive income.

One of the passive means of income I have come to realised is the hive blockchain. Since I was boarded, there never had been moment of idleness. It's been one level of advancement to another without being disturbed whether it's bearish or bullish trend simply because of the inflow of resources. I never knew such financial stability could emerge from my consistent and persistent engagement in the hive blockchain.
Aside from that I also went through some professional management courses inorder to build my capacity to gain mastery in professional management. I have taken some trainings before and paid at the end. I was about to handle some projects with the money generated which augmented my major cash flow. With this passive income too I gained my financial freedom to an extend instead of depending on any relation for financial aid. Don't be a liability but be productive and never depend on to many people for money.

I hope to maintain consistency in ensuring that I build a strong and viable multiple passive income so that at most every day a specific amount drops in my account. It's necessary in this present dispensation for one to come up with good plan to sustain diverse streams of income. If one door closes the other one opens all in an attempt to defeat poverty.

CONCLUSION

Passive income is the way out to every entrepreneur, organisation and individuals that want to achieve all their long term goal real. There is no food for Lazy man therefore passive income requires hard work and deliberate discipline. Don't opt for short cut but endure all the processes.

thanks for visiting my blog and all the comments appreciated.

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