Passive Income Books: Top 4 Books

Last update October 21, 2021

What are the best books on passive income to increase my wealth? Well, if you are tired of an always spoiled lifestyle, the following books can turn your finances around.

Creating wealth is not easy! Maybe you are making money however, it still cannot cover your costs. Worse, when you don’t go to work for a while, maybe due to illness, or even get fired, you don’t have the money to support your lifestyle.

However, this should not always be the case. You can change your finances and find a way to support your needs with passive sources of income.

Passive income is the only way to ensure that you are not working for money, but money is working for you.

However, you need to have a work strategy combined with the right information. And here they come to a series of books on passive income. If you want to increase your passive income portfolio, here are some books you must have.

What is passive income?

The concept is simple! You find a way to keep it make money even while sleeping.

Generally, passive income is an income stream that requires a minimum to zero of work from you to maintain.

When it takes a little effort to increase income, this is known as progressive passive income. Some good examples of this include rental income, dividend shares, affiliate marketing, REITs, etc. Here, your participation is minimally necessary, but you still earn well.

Why is passive income important?

Passive income is a source of financial freedom. That’s right! Generating passive income ensures that you no longer rely on traditional working hours to make money.

It gives you an alternative way to grow your finances with a variety of investment opportunities. You also get your time back. You now have more time to focus on your long-term financial goals to secure your future.

The best books on passive income

If you are looking for the best passive income books, here is an amazing list for you.

1. Passive Income Ideas: 101 passive income ideas under $ 1,000

This book by Frank Coles gives you everything you need to know about the basics of passive income. It offers some of the best ideas for generating passive income for beginners and professionals.

Some of the ideas you’ll get here include:

• Blogging
• CPA Associated Marketing
• Dropshipping
• P2P loans etc.

Each of these ideas is explained in terms of risk assessment, start-up costs, operation, challenges, and profitability.

2. Passive Income Ideas 2021: A Beginner’s Guide on How to Make Money Online

If you want to make more money in addition to your daily 9-5 job, this book is ideal for you. However, this is not a book about tricks that get rich quick! The book explains many authentic ways you can create passive income streams.

These include:

• Blogging
• Affiliate marketing
• Dropshipping
• Amazon FBA

The best thing here is to get a comprehensive guide to 5 books in one.

3. Lifestyle Investor: 10 Commandments of Investing in Cash Flow

This book on Justin Donald’s 4.4-star passive income is another book you should have on your shelf.

The book not only shows you how to stop trading your precious time for money, but also shows you how to create a reliable cash flow with low investment risks.

Therefore, if you want to multiply your income and achieve financial freedom, this is a great book to read.

4. Purchase, Rehabilitation, Lease, Refinancing, Recurrence: author Justin Donald

The book allows you to create financial freedom and maintain a lifestyle that many would only dream of. This is one of the best passive income books to help you avoid living from paycheck to paycheck.

The author offers you strategies that have worked for him and that will definitely work for you if you do them right. It focuses more on low-risk investments that help increase your wealth without necessarily creating a job.

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