Active Income and Passive Income: What's the Difference?

Regardless of how someone earns a living, there are two types of revenue: active income and passive income. Although many working professionals claim to have heard of these two ideas, the majority are unsure of their definitions or how to produce the latter. You've come to the right place if you're looking for an answer to a query like that.It is claimed that someone has a passive income when they invest with the expectation that they would earn money without putting in additional work. Active income, on the other hand, is cash received in exchange for providing a service. Even while each of these sources of income has advantages and disadvantages of its own, deciding which is preferable might be difficult.In order to accomplish a person's financial goals, it is crucial to understand the various types of income that can be earned. As a result, it will be easier to make wise financial decisions, explore all available financial options, and develop long-term financial security. Three different categories of income prospects exist.
Link: https://www.cheggindia.com/earn-online/difference-between-active-income-...