Passive Income. Who doesn't dream of owning it?

But be warned: You'll need to sacrifice something before you can own it.

In this guide, you'll discover 5 ways to generate passive income. Some easier than others. But all would require some effort from your part. 

Let's jump right into it and get you started as fast as we can:

The Definition of Passive Income

You see, passive income doesn't come easy. You will need to spend a minimal amount of effort and time to build it up. And here's how you can create passive income:

Stocks that pay dividends regularly are normally stable businesses such retail REITs and telcos. They tend to be less sensitive to market cycles.

Dividend income takes time to build up. However, disciplined and prudent investors