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Episode 3654:
Steve Pavlina explains why earning passive income is not only fair but generous, showing how passive income streams create and sustain jobs for others. He challenges the social conditioning that pushes most people toward active income and makes the case that both strategies strengthen personal finance and the economy in different ways.
Read along with the original article(s) here: https://stevepavlina.com/blog/2012/05/is-it-fair-to-earn-passive-income/
Quotes to ponder:
"Passive and active income strategies are mutually supportive. They are not opposites."
"Even if a lot more people started earning passive income and fewer people were willing to earn money as active income, I believe the market would adapt without skipping a beat."
"The truth is that both strategies seek to contribute, just in different ways."
Optimal Finance Daily is a daily personal finance podcast where we narrate the best articles on financial independence, investing, saving money, and money management, read to you by a professional narrator so you can grow your wealth a little more every day.
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