Posted by: helenpengelly | 15/02/2011

Passive Income Will Send You Broke (via Daniel Priestley)

Passive Income Will Send You Broke Over the past few years the biggest buzz word for people in business or those seeking financial freedom is “passive income”. As the name suggests, its an idea that you can earn income that you don’t have to work for. In my experience it is also the most damaging “wealth creation” idea I’ve ever come across. It sucks the life out of people and causes them to do dreadful things that waste their time, money and energy. I view the idea as a modern da … Read More

via Daniel Priestley

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