Part 1/8:
The Illusion of Passive Income: Debunking the Myth
Passive income often conjures up images of financial freedom: a life without the nine-to-five grind, where money flows in effortlessly while you bask poolside or indulge in leisure activities. The allure is undeniable, and countless videos, articles, and advertisements promote the idea that multiple streams of income are the key to wealth—something supported by the myth that millionaires have seven income sources. But, as we delve deeper, the reality reveals a darker side; the concept of “passive income” is often a mirage.