Income

Passive Income

Earnings from sources requiring minimal active effort, like rental properties, dividends, or royalties. Building passive income streams is a key strategy for financial independence.

Related Terms

Dividend
Rental Income
FIRE (Financial Independence, Retire Early)

Related Calculators

Investment Calculator
Compound Interest Calculator

Understanding Passive Income

Passive Income is a key concept in income. Understanding this term helps you make more informed financial decisions. Use our related calculators above to see how passive income affects your specific situation.