Passive income can be a great way to help you generate extra cash flow, whether you're running a side hustle or just trying to get a little extra dough each month, especially as inflation rages throughout the economy.
In many cases, passive income like rental property does not require active participation in the long run, which can be a great way to boost personal finances, it is money earned from work done up front.
The goal is to achieve a steady flow of cash even in times when you are without a full-time job.
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