I am jobless now (until 23June 2010). Well, it was expected this day will come but never think that it will come so soon. It is still okay for me to become jobless because I am still single,no burden(just 4 me) and i have a mother with aid from Malaysia Welfare Department (But will be end soon within 12 months.) . But right now,no one depends on me for living except myself.
Speak directly to you all,we just cannot depend on one source of income. We must have dual income, active income and passive income. In the situation as stated, when I loss my active income, I still have my passive income supporting me. It is a good lesson how important is our passive income.
Yes i agreed. We should not depend on our primary income completely. We shall do some investment while we’re able to afford. However, I hope you all can find your primary income ASAP. Good luck!
Figure below shown a flow chart diagram that illustrate about some components of Dual income(Passive income and Active income).I will discuss with you all further on each component of it in the next posts either in English and Chinese version.
Passive income :Earnings an individual derives from a rental property, limited partnership or other enterprise in which he or she is not actively involved.
Active Income :Income for which services have been performed. This includes wages, tips, salaries, commissions and income from businesses in which there is material participation.
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