Are cash-back credit cards a passive income?

Cash-back credit cards and shopping sites might be considered a passive income idea, yet you’re spending in order to receive the cash. That’s not a net-positive endeavor. Other alternatives to passive income involve digital property sales, like e-books, courses, apps and other online goods.

What is passive income & how does it work?

Passive income is money you can earn without too much ongoing effort. After you identify and establish a stream of passive income, you won’t need to tend to it every day—but that doesn’t mean you won’t have to do some work now and then. Most passive income ideas require an initial investment of time, money or other resources.

What is a passive income stream?

With a passive income stream, you can earn money over time with little to no sustained effort. Here are some ideas to get started. Passive income is a money stream that requires little or no continuous effort.