What is Passive Income?
Passive Income is Passive income that you earn continuously without working.
By choosing the right source of passive income, you can invest your time as you want instead of how you spend it. Passive income is a way to buy your time back.
Everyone must think that passive income is identical with large capital and real estate. That is indeed true. But this time we are not talking about large-scale passive income. We start from a small little one, who knows how thick it is.
The most common idea of passive income in developing country is leasing. This idea departs from the story of a young child who rents shavings to his classmates and gets passive income every day. Now why does a big one not start with a small one?
I. Rent items
This means renting out anything that is useful for many people who don't have it but need it, like:
- Novel books
- Skateboard/ Toys Cars
- Bicycles
- MotorBike
- Camera
- Machine-cut Grass Tools. Washing machine
- Field plow tractors, or other farming tools (If you live in the village)
- Computer
- Sound System
- Guitar and other musical instruments. Traditional Party clothes for custom events.
- Party supplies
II Renting out a place
1. Boarding house
2. Parking
3. Wedding Events Building (If you have a big house and parking lot)
4. Rent a House
5. Rent out the office building
7. Rent Fishing Pool
8. Rent a Children's Pool
9. Rent Adult Swimming Pool
