Oct 28, 2020
Passive Income and the Value of Short-Term Saving

Jargon Hack.
What is passive income?

Passive Income
Income generated without active participation from you, such as from rental income, stock earnings or dividends, and royalties.
Jargon Hack.
What is short-term savings?

Short-Term Savings
Money set aside for upcoming expenses, such as vacations or holiday gifts, that you keep in an easily accessible account.
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