27 Oct Your house is not an Asset
Yes. Asset means any thing that generate money for you monthly.
You yourself is an asset too, if you work and get salary monthly.
This is “Active Income” (as you stop work your income stop)
This is “Active Income” (as you stop work your income stop)
“Passive Income” means (minimum or no attention from yourself yet income still generating monthly).
And Passive Income can be purchase or created on your own.
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