There are 2 types of income:
1) Active income
2) Passive income
Active income needs our physical presence like employee and self-employee. We may not earn if we are absent. Our salary is deducted when our paid leaves are exhausted.
Passive income does not need our presence. Our absence does not affect our business and investment.
We can earn bonus, dividend and interest from our investments.
1) Active income
2) Passive income
Active income needs our physical presence like employee and self-employee. We may not earn if we are absent. Our salary is deducted when our paid leaves are exhausted.
Passive income does not need our presence. Our absence does not affect our business and investment.
We can earn bonus, dividend and interest from our investments.
