A Place for Learning and Practicing "Value Investing" Taught by Benjamin Graham and Successfully Executed by Warren Buffett.
Showing posts with label Active Income Examples. Show all posts
Showing posts with label Active Income Examples. Show all posts
Saturday, September 10, 2016
Friday, September 9, 2016
Active Income Definition
‘Active Income’ is earnings out of labor or effort. People engage in thousands vocations and professions to earn active income. Solicitors, doctors, teachers, brokers, potters, goldsmiths are people dedicated to a few examples of vocations.
 |
The essential characteristics, as well as disadvantages of active income, are:
- Requires the direct involvement of the individual concerned.
- Invariably consumes more than a than one-third of the highly valuable maximum available time resource – 24 hours of a day.
- In case of death or disability of the individual active income stops.
- Most importantly it is not available to a person in the old age when one cannot actively work anymore.
Related Posts
- What Is Passive Income?
- What is Financial Freedom?
- How The Passive Incomes of The Financially Free and The Rich Compare?
- Passive Incomes Empowers Pursuit of One's Dreams and Passions
- How To Generate Passive Income?
- Low Lifestyle Costs and High Passive Income Lead to Financial Freedom
- How to Attain Financial Freedom?
- How Will My Lifestyle Affect My Children?
Subscribe to:
Posts (Atom)