So you want to learn about passive income?

I did too! I did some research and it seemed like something everyone should know about and everyone should be trying to gear towards, what a shame so many people are unaware of passive income.
So what exactly is it? Well it is basically ways of making money, continually, without having to work for it.
"Yeah right, like I could ever do that?" Actually you could. Maybe you already do... There are different ways to make passive income, but probably the most obvious for 'anyone' is to have a savings account. You put money into the account and the bank pays you interest on that money at an agreed rate for an agreed term. The key here is you are not having to do any work. So if you go away on holiday you are still earning interest if you have funds in the account. Hey Presto! You have some passive income! Similarly, but with more risk attached, you may have stocks/shares that 'can' earn you passive income - but that is not guaranteed (remember the old voice-over "stocks may go up as well as down"?).
There are better ways to make passive income though than a savings account. The best way is online. By setting up methods of generating income online you can receive monthly income for a fairly small amount of work, once that work is done then the income is passive. Here's a very basic example: You set up a website that sells 'something'. People all over the world can access your site and choose to by your 'something'. It doesn't matter if you are in bed at the time, the whole process can be automated. It doesn't matter if you are at your computer or even awake! The customer can still get the product and you can still be paid.

That is the greatest form of passive income :)

Hopefully this has given you food for thought. Come back for updated posts on how to make money, legally, easily, passively.