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Everyone needs passive income. You achieve real financial independence from passive income. So what if you earn $7,500 per month from your job, but if this money evaporates the minute you leave work, it’s really no good. Ordinarily, your expenses will most likely expand to suck up all your available salary. So losing a job typically creates a huge amount of stress pretty quickly. However, But if you're earning $3,000 every month from alternative passive income streams, your barest requirements of groceries and housing are covered and you won’t become homeless if you get laid off from your day job. So my near term goal is to make this $3,000 from diverse passive income sources. In the more distant future, my goal is to generate at least $15,000 every month in passive income so I can do whatever I feel like without working. Currently I’m creating about 90% of my desired $3,000/month aim and I’m absolutely certain I will be able to achieve my target within the next several months. When that happens, that will be real financial Independence!
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