Passive Income Strategies to Build Your Wealth

Create Stability, Security, and Freedom in Your Financial Life: Second Edition

By: Randy Wagner

Narrated by: Helpful Matthew

Length: 3 hrs and 53 mins

Publisher's summary

Are you seeking ways to create security, stability, and freedom in your financial life? Maybe you have become sick and tired of constantly working long hours every week, only to pay all of your bills, buy everything you need for the month, then finding yourself with hardly any money in your pocket? Or perhaps you have seen a friend of yours driving a nice car or purchasing a house, despite them working a similar job to you. You want to know where their money is coming from. Or maybe you have been advised by other people about the potential that lies in setting up passive income streams that work for you with minimal input? You will be pleased to hear that this is the perfect book for you!

Passive Income Strategies to Build Your Wealth will offer you all of the insight you could want on this lucrative subject, shining a light on the different strategies you have available to make more money than you may have not even realize existed! Setting up passive income streams is one of the least talked ahbout phenomena of our modern society, and yet, it is one of the best ways to increase your income every month while putting in minimal effort. The clue is in the name. “Passive” income streams offer you an enticing way to make money while also going about your busy everyday life. This book will offer you all the different strategies that you can review to pick the one that suits you and the one that will help you map out a stable, secure, and financially free future.

Inside Passive Income Strategies to Build Your Wealth, discover a detailed background on what passive income is, how to develop a growth mindset for success habits that Improve your self-discipline, how to invest in stocks, ways to make money through rental steps to pay off your debts, principles of network marketing, many other ways to make passive income and much more!

©2021 Randy Wagner (P)2023 Randy Wagner

Techniques to earn a good income!

It is an informative book for beginners, who want to earn through a smart mind. The author has mentioned creative and passive techniques to start a good earning. Only one needs to keep the mind active and strong to grasp the techniques.

I enjoyed this audiobook as I found it informative and a great source of inspiration that nothing is impossible and how smartly we can start earning.

The narrator used a calm tone which made me feel the importance of passive earning. It is a good recommendation.

Informative and eye-opening

My friend gave me this audiobook, and I thoroughly enjoyed listening to it. The author does a great job at explaining everything at a beginner level and covers everything from stock to network marketing. Even if you just implemented one of the avenues to make passive income, you would be better off. The narrator also has a great voice and nice pacing. Highly recommend for anyone who is on a journey to financial freedom.

Ways To Decouple Hours Spent from Income Earned

Say you go to work at McDonald's. For every hour you spend working, you get a certain amount of money. Your hours spent and the money you receive are tightly linked. This book discusses options that change that connection - that separate the hours worked from the income received - but there are no shortcuts. You either need a lot of money upfront, such as for investing in real estate or stocks, or a lot of time upfront, such as is required for writing a book or creating an online course. While I was aware of most of the ways of making passive income discussed in the book, there were a few new ones.

What I found lacking in this book was a discussion of the downsides of each option. Oh, some downsides might have been mentioned here and there, but overall the author makes his options for passive income sound easy to do for anyone, when in fact if you don't have large amount of money to invest you aren't going to be able to invest in real estate as a passive income strategy. Likewise if you don't have a lot of time, to say nothing of expertise, skill, and talent, you aren't going to be creating a book or online course. Those issues of money, time, and expertise are glossed over, as is the subject of risk, which is a large oversight in my opinion and is what reduced the number of stars I gave. I was given this free review copy audiobook at my request and have voluntarily left this review.

Great book

This book has some great ideas and strategies for creating passive income. It goes through each idea in an easy to follow way and is really motivating.

It includes details on multiple ways you can create passive income but is realistic - nothing comes for free. You still have to put the work in! Will keep going back to this wonderful resource!

Delaying gratification

Such a great wealth of knowledge in this audiobook. Every chapter has some really useful, practical and motivating information in it to start passive income strategies. The big reminder was the subchapter on delayed gratification as a massive part of developing a true passive income strategy. Highly recommended.

Absolutely brilliant and amazing!

This audiobook was fantastic and it is essentially a manual or guide to generating passive income. Excellent strategies. A must have.

A great book !

If you want to know about the passive income and get motivated, it’s a good book to have !
I liked the most the Building a Discipline.