002: Foundation Monday: Passive vs. Active Income

The Danny Randazzo Show: A Podcast All About Money, Mindset, and Investing

Welcome back! For our very first Foundation Monday, we’re exploring a concept that’s going to be central to the things we talk about on the show.

Foundation Mondays offer up core financial lessons so you can take control of your money and feel confident making financial decisions.

Today, we’re talking about the difference between passive and active income and why you should work to build up passive income streams in order to achieve financial freedom.

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What You’ll Learn from this Episode:

  • The difference between active and passive income.
  • Why active income isn’t always as reliable as we want to think it is.
  • How to start putting some of your earnings from active income into a passive investment vehicle like real estate.
  • How you can combine active and passive income to create the life you want and spend your time your own way.

Listen to the Full Episode:

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