Many believe passive income to be earning income on investments without having to do anything to earn it. Or, in other words, provide little or no value to receive a lot of value. However, let me pose a few questions to you about this perspective?
1. If one owns a rental property and gets paid rent, is that really “passive?”
2. Did you really do nothing for it?
3. If you do nothing, will the income last? For example, if you provide tremendous value in a business for months, or even years, so that you create conditions to make money while you sleep, was that a passive event, or were you active in creating it? Do you still have to maintain it? Some may consider maintaining control and applying one’s human life value bondage, but is it?
4. Who is paid more - one who provides value for others in a way that few can, or one that gets paid doing virtually nothing and has a difficult time understanding why they get paid so handsomely?
5. Can freedom be purchased with money? Is it possible that many that have passive income could be slaves to doing investments or businesses that they do not enjoy?
6. Would you call doing an investment or business ONLY for money “freedom?” If that were the case, couldn’t one work a typical full-time job and still be free?
I do not believe that living financially free can be purchased. The only ones I have met that believe this theory are the ones that have never had money. Freedom is a state of being, not a state of your account balance.
I challenge each of us to put money in the proper perspective as a tool to be used to serve others through our soul purpose rather than money being a master that will command us when we will be free.
For further explanation, read my article on the Killing Sacred Cows blog and/or listen to the future podcast.
Tags: Cash Flow, Financial Freedom, Income
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