A couple weeks ago, I wrote about how it looked like I would be investing in real estate soon. While there is still potential for that to happen sometime in the next year, it doesn’t look as promising as it once did. In fact, so much so that I am now considering other passive investments. While I will still be saving up a down payment for a house (our personal home) that we will hopefully buy in about 2 years, I want to make my money work for me instead of just sitting around in a high interest savings account.
Have you ever wondered if this internet popularity with passive income will die out or if it is limited to a certain group of people? The popularity around passive income is based on the idea that anyone can generate passive income. But is this really true? Can anyone generate passive income or is it for the rich or wealthy?