04.21.2023 - By Jeff Rose, CFP®
Welcome to the Good Financial Cents Show, where we empower you to make smart financial decisions and build a better future for yourself and your family. In this episode, we delve into the world of passive income, identifying the number one mistake people make in their quest for residual income, and providing insights on how to avoid it. Join us as we help you make more money while achieving financial freedom. In this episode, we'll discuss: The differences between passive and active income The allure of passive income and residual income streams The #1 mistake people make when trying to earn multiple income streams Tips on how to avoid this mistake and ensure a successful passive income journey The role of perseverance and adaptability in creating a passive income stream Tune in to the Good Financial Cents Show and learn how to sidestep the biggest pitfalls in earning passive income, so you can create a robust financial future. Don't forget to subscribe and leave us a review, as your feedback helps us grow and provide you with the best financial advice. Thanks for listening to the Good Financial Cents podcast! Check the blog for fresh content at www.GoodFinancialCents.com. Resources: Make $1,000 Fast Best Passive Income Apps Best Money Making Apps Engage on Social: Wealth Hacker YouTube channel: https://www.youtube.com/wealthhacker/ Good Financial Cents YouTube channel: https://www.youtube.com/goodfinancialcents Follow me on Twitter (@jjeffrose) and Instagram (@jjeffrose) My Courses: Passive 1k Income Accelerator 10x Goals