Passive income is a sort of income that does not demand your participation on a daily basis.
It’s similar to a river that continues to flow even while you’re not actively paddling.
Rental property is one option to generate passive income. You rent out a property you own and the monthly payments from the renter provide you with a consistent source of income.
Passive income may also be generated via an internet company. For example, you might start a blog, a YouTube channel or an e-commerce website and the cash from adverts or sales will come in even while you’re sleeping.
Limited partnerships in which you invest in a company but are not engaged in its day-to-day operations, can additionally offer passive income.
Investments in stocks may produce dividends which is another sort of passive income. These options may help you generate money while requiring low to minimal work.
Best Passive Income Quotes
The greater the passive income you can build, the freer you will become. ~ Todd M. Fleming.
The passive income that I have is derived from my investments, and they are all conservative in terms of risk. ~ Robert Kiyosaki.
The passive income starts now. ~ Tim Ferriss.
Passive income is what I call the money that comes in from any source other than working for somebody else. ~ Gary Vaynerchuck.
Wealth is the ability to fully experience life. ~ Henry David Thoreau.
The best way to create passive income is to buy real estate once and get paid for it forever. ~ Mike Wolf.
Work smarter, not harder. ~ Carl Barks.
It is better to have a permanent income than to be fascinating. ~ Oscar Wilde.
The greater the passive income you can build, the freer you will become. ~ Todd M. Fleming.
Formal education will make you a living; self-education will make you a fortune. ~ Jim Rohn.
An investment in knowledge pays the best interest. ~ Benjamin Franklin.
The key is to work extremely hard for a short period of time (1 – 5 years), create abundant wealth, and then make money work hard for you through wise investments that yield a passive income for life. ~ H.W. Charles.
Financial peace isn’t the acquisition of stuff. It’s learning to live on less than you make, so you can give money back and have money to invest. You can’t win until you do this. ~ Dave Ramsey.
When buying shares, ask yourself, would you buy the whole company? ~ Rene Rivkin.
Related Quotes: 201 Warren Buffett Quotes on Money and Investing and 43 Financial Wisdom Quotes to Boost Your Money Mindset
Inspiring Passive Income Quotes
To Become Rich – You Must Value Saving More than Spending. ~ George Choy.
I know of many very wealthy people who invest in passive income and never work. I also know a lot of people without much money that is spending all their time working. ~ James Altucher.
To obtain financial freedom, one must be either a business owner, an investor, or both, generating passive income, particularly on a monthly basis. ~ Robert Kiyosaki.
The most effective way of bringing in passive income is educating people. ~ Jess Van Den.
Only buy something that you’d be perfectly happy to hold if the market shuts down for ten years. ~ Warren Buffett
I’m a huge believer in diversifying your passive income streams. Diversification means you’re not depending on just one source to meet all of your needs. ~ Donald Trump.
You become financially free when your passive income exceeds your expenses. ~ T. Harv Eker.
Time is more valuable than money. You can get more money, but you cannot get more time. ~ Jim Rohn.
Residual income is passive income that comes in every month whether you show up or not. It’s when you no longer get paid on your personal efforts alone, but you get paid on the efforts of hundreds or even thousands of others and on the efforts of your money! It’s one of the keys to financial freedom and time freedom. ~ Steve Fisher.
Top Passive Income Quotes
Look at the great businesses, like McDonalds or Walmart, there are no annual reports filed by these companies; yet their stocks trade every day! Passive Income! ~ Robert Kiyosaki.
Do you know what passive income is? It’s called work. ~ Larry King.
Buy when everyone else is selling and hold until everyone else is buying. That’s not just a catchy slogan. It’s the very essence of successful investing. ~ J. Paul Getty.
Compound interest is the 8th wonder of the world. He who understands it, earns it. He who doesn’t, pays it. ~ Albert Einstein.
A penny saved is a penny earned. ~ Benjamin Franklin.
My rich dad taught me to focus on passive income and spend my time acquiring the assets that provide passive or long term residual income…passive income from capital gains, dividends, residual income from business, rental income from real estate, and royalties. ~ Robert Kiyosaki.
If you don’t value your time, neither will others. Stop giving away your time and talents. Value what you know & start charging for it. ~ Kim Garst.
If you don’t have any residual income or passive income, or at least a plan for residual income, you’re living a very risky life. There is no security in a job, even a high paying one. Be smart and don’t rely on just one source of income. ~ Ray Higdon.
You cannot have a million-dollar dream with a minimum wage work ethic. ~ Stephan C. Hogan.
Money has the power to buy you things. But a much bigger power of money is in generating more money for you. Those who are able to manifest the latter, are never short of it. ~ Manoj Arora.
Popular Passive Income Quotes
I personally feel that the #1 benefit of having my expenses covered by passive income is that I get to keep doing more of the kind of work I enjoy. ~ Steve Pavlina.
Rich people choose to get paid based on results. Poor people choose to get paid based on time. ~ T. Harv Eker.
How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case. ~ Robert G. Allen.
Passive income does not have to be huge, it just has to give you a little extra money for something that’s important in your life. ~ Wanda Urbanska.
If you want to be wealthy, don’t focus on making more money; instead create an investment portfolio outside your job that pays off big dividends over time. ~ Daymond John.
Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver. ~ Ayn Rand
Money frees you from doing things you dislike. Since I dislike doing nearly everything, money is handy. ~ Groucho Marx.
He who makes $25,000 annually through passive income is more enviable than he who earns $100,000 annually through a salary. ~ Mokokoma Mokhonoana.
Residual income is passive income that comes in every month whether you show up or not. It’s when you no longer get paid on your personal efforts alone, but you get paid on the efforts of hundreds or even thousands of others and on the efforts of your money! It’s one of the keys to financial freedom and time freedom. ~ Steve Fisher.
Money won’t create success, the freedom to make it will. ~ Nelson Mandela
Passive income is important because it allows you to do the things that you want, whether that spends more time with your family or hobbies. ~ Derek Frech.
Inspirational Passive Income Quotes
If you understood residual income, you would walk through a brick wall to get it. ~ Art Jonak.
Persist – don’t take no for an answer. If you’re happy to sit at your desk and not take any risk, you’ll be sitting at your desk for the next 20 years. ~ David Rubenstein.
You must gain control over your money or the lack of it will forever control you. ~ Dave Ramsey.
You might be working your fingers to the bone, but maybe that’s because you’re building a business or funding an education. ~ Scott Adams.
Earning passive income is like having your own printing press, with it you print unlimited cash flow every day, 24 hours a day! ~ Robert Kiyosaki.
Working hard for long periods will almost always result in more active income, but that doesn’t mean passive sources are useless. ~ Peter Voogd.
If you don’t find a way to make money while you sleep, you will work until you die. ~ Warren Buffett.
People want passive income because it produces freedom. ~ John Lee Dumas.
Every pound is a seedling. Invest your seedlings to create a tree. Re-invest your seedlings to grow a forest. ~ George Choy.
I have a problem with too much money. I can’t reinvest it fast enough, and because I reinvest it, more money comes in. Yes, the rich do get richer. ~ Robert Kiyosaki.
Famous Passive Income Quotes
It was through multiple streams of passive earnings that I could take time off work without worry over how much we were spending each month. The more diverse my portfolio became, the better protected we became from any economic downturns. ~ David Bach.
The stock market is designed to transfer money from the active to the patient. ~ Warren Buffett.
Earn with your mind, not your time. ~ Naval Ravikant.
The moment you make passive income and portfolio income a part of your life, your life will change. Those words will become flesh. ~ Robert Kiyosaki.
The key to financial freedom and great wealth is a person’s ability or skill to convert earned income into passive income and/or portfolio income. ~ Robert Kiyosaki.
So there were the top 60 passive income quotes from some of the most rich, successful and wealthy people in this world.
If you like these quotes and sayings, then you can also read my other posts on Christine Caine quotes and Damian Lillard quotes.
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