Passive Income
Planning & BudgetingEarnings from sources requiring minimal ongoing effort, such as rental properties, dividends, royalties, or business interests.
Example
Example: For someone earning $60,000/year trying to build a solid financial plan, understanding passive income is a key piece of the puzzle. Applied to a monthly budget, this concept could help you save an extra $200-$500/month. Build your plan with our 50/30/20 budget calculator.