MPIB Episode 004 : Passive vs. Active Income – What Works For You

Posted on 03. Feb, 2014 by in Archived Post, Podcast

Topics covered in this podcast:

  1. What is Active Income
  2. What is Passive Income
  3. The difference between Active vs. Passive Income
  4. Why take the Passive Income route
  5. Passive Income examples
Play

6 Responses to “MPIB Episode 004 : Passive vs. Active Income – What Works For You”

  1. cedric

    04. Feb, 2014

    I put my time and effort to get passive income or better yet residual income. For me I think if you are going to put the time in get paid for it multiple times or put very little effort in and get paid for it. I have been following your post and comments. Lets connect some time on Google.

    Reply to this comment
    • April

      13. Feb, 2014

      Great point Cedric! Either way you have to put your time in. You might as well make it work for you in the long run. That’s why I love these tips.

      Reply to this comment
  2. Alissa

    09. Feb, 2014

    First, I’d like to say that I really like that you’ve added more podcasts!

    I’m going to look into lendingclub.com. I was interested in seeing what that was before, but I never really got a chance to take a look. Is this something that you do or do you know people who do it?

    My dream is to figure out a way to stay home with my kids while still making an income. Thank you for your website and your advice! I’m trying to figure out multiple passive income streams… but it’s hard to figure out the ones that work!

    Reply to this comment
    • Big Dave

      Big Dave

      09. Feb, 2014

      Hi Alissa,

      Thanks. I’ve decided to get more active in creating and releasing podcasts. As for lendingclub.com, I do participate as a lender and I have been pleased by the results. Initially, the hardest part and the most time consuming was identifying which loans to invest our funds in, but over time, the process has become more efficient. The fact that you can start investing with only $25 was appealing….

      Reply to this comment
  3. Alissa

    10. Feb, 2014

    Is there an article on here yet going into more detail about Lending club? I remember asking that a long time ago, but it’s been a while since I’ve been on your site. I’m glad I found it again though!

    Reply to this comment
    • Big Dave

      Big Dave

      12. Feb, 2014

      You know…I need to take the time to write a post on that. Just need to allocate the time to do so, but will eventually get it done.

      Reply to this comment

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