Newton buteraba house 🏡 of wealth. Topic is Passive income... The password to wealth in happiness.
Lectures from professor Newton buteraba of house 🏡 of wealth with master class about passive income. Passive income is the opposite of active income. Qn: is where do you belong? Note : passive income. Is the earnings delivered from income sources of which the person is not actively involved. Relate both types of income to manual transmission and automatic transmission vehicles. Here you will know that with passive income everything is soft Recommend the topic to Bible verses 1. Proverbs( 27:1). Donot boast about tomorrow for you don't know what a day may bring forth. (Tomanyi nkya yo sebo! ) 2. Ecclesiastes( 9:12) . For man also does not know his time. Like fish taken in a cruel net, Like birds cough in a snare. So the sons of man are snared in an evil time, when it falls suddenly upon them. Think more about that sudden situation that may happen when your still in active income. Advantages of passive income. 1. Freedom of time. Here you get time to do other things. eg family time, community time. etc 2. Reducing stress Since you get time freedom, and time is money, money will cover all liabilities. Eg bills and utilities the most trigger factor to stress. 3. Making things in the way you want. Passive income will give you time to express your other talents since you have time freedom and no stress from bills&utilities expected.. 4. You can live and work anywhere. With passive income, you can't be limited to work from the chosen environment you feel like. 5. Passive income helps you to put you in financial stability and into financial freedom. All people with financial muscle have passive income. Some of things that can bring you passive income. 1. Real estate. Since it's ownership of properties, you can lease or rent in exchange for fee as passive income. 2. Investment clubs. Here you can decide to gather money from friends then invest in productive business and earn some fee as passive income. You can agree to borrow money (pia to pia leading of money ) to same friends in club and charge interest as passive income. 3.Shares, tresury bills. One can buy shares in a given company and then get devidentsas rewards and in tresury bill getting profits as passive income. #House of wealth. Aim is to make Ugandans financially free.

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