Jobs(jäb) vs.(versus -səz,ˈvərsəs) Passive(ˈpasiv) Income

Jobs(jäb) vs.(versus -səz,ˈvərsəs) Passive(ˈpasiv) Income

By Steve Pavlina

Many people have the limiting belief(biˈlēf) that passive income is weird(wi(ə)rd), unusual(ˌənˈyo͞oZHo͞oəl), complicated(ˈkämpləˌkātid), or confusing. As I’ve mentioned previously, passive income isn’t particularly difficult in practice(ˈpraktəs). In many ways, earning a living through streams of passive income is easier than earning a living through a job or as an independent contractor, especially(iˈspeSHəlē) in the long run.

The difficult part has to do with getting comfortable with a passive income mindset.

To tackle(ˈtakəl) this mindset issue(ˈiSHo͞o), let’s turn this around and look at it from the other side.

Suppose you were already very comfortable with passive income, just like I am. Imagine(iˈmajən) that you had many thousands of dollars coming in every(ˈevrē) month, more than enough to cover all your expenses. Whether you work or not, fresh(freSH) income keeps flowing to you month after month and year after year, based on streams you set up years ago.

Imagine(iˈmajən) that this is your normal everyday reality(rēˈalətē). You’ve already been living like this for more than a decade(ˈdekād).

Now imagine that a friend with a regular job tries to convince you that what you’re doing is weird or unusual and that you should adopt(əˈdäpt) his mindset, give up your passive income lifestyle, and get a regular job instead.

If a job-loving friend did this with me, here’s what such a conversation(ˌkänvərˈsāSHən) might look like…

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https://www.stevepavlina.com/blog/2012/05/jobs-vs-passive-income/