Remember earlier I said to create passive income you need time, money or skills? Let’s start with money. Open a high-interest savings account and park even $100 dollars in it. Boom, you just made passive income! It may not be much, but you’ll earn interest on that money and many online banks even o : passive_income
Inflation numbers drop today; it’s already 8% and we were warned yesterday that it’s going to be crazy.
A high interest savings account is possibly the absolute worst advice to offer someone right now.
They could literally buy almost anything today and sell it for more money in a few months, whereas cash will just depreciate into nothing.