Are You Trading Your Time for Money? | Active Income
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As teenagers, we’ve grown up hearing from adults to do well in school, be accepted into a good college to get a degree, then go work and and make money through your salary to support yourself and your family; and hopefully as you age, that salary will increase. But, they don’t always mention that there different types of “work” you can do to make money. “What do you want to do when you grow up?” usually results in answers like doctor or lawyer, and while those are very respectable jobs, working 9-5 is not the only way you can make money. I will be talking about 3 types of income: active, portfolio, and passive, across three different episodes. This episode, I’m focusing on active income and I’ll talk about what it is, give some examples, and explain the pros and cons.

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