I quit my job in July of 2017 and travelled the world while meeting tons of new people and learning a thousand valuable life lessons that I will try and sum up into 5 learning experiences. This will be broken up into individual posts as these can be a little lengthy (and more content!)
Lesson 4: What is passive income?
Not working for 6 months will have a toll on your budget (especially if you are like me and like to have fun). I have always been a big proponent of passive income whether it be stocks, cryptos, real estate or anything else. Passive income is earnings derived from a rental property, limited partnership or other enterprise in which a person is not actively involved. Find something that will make you money while you sleep. If not you will be worked to death and will not be able to take any time off and pursue your passions.