Passive income refers to earning money with minimal effort or active involvement. It's the idea of generating revenue without constantly working for it, such as income from investments, rental properties, or royalties. One of the most common examples is earning money through investments in stocks or bonds. Another popular form is creating digital content or online courses, where people can continue to make money long after the initial effort. Building passive income requires upfront work or investment, but once established, it allows individuals to enjoy continuous earnings with less ongoing effort.
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