3 Types of Income .:. Walk & Talk Series

3 Types of Income .:. Walk & Talk Series by @ph1102 on 3Speak

Creating another Walk $ Talk video in such a short time was a surprise for me too! πŸ™‚ But, the weather is great at my place, I switched my walks from afternoons to mornings, and I really enjoyed th...

Tags: #vlogging #blogging #hive #educational #proofofbrain #tribes #pimp #income #hivepower

Comments

@ugochill: Nice to see you, nice to see nice weather too. :) I'm here for the other two types of income. Earned income could only come up eventually. You are absolutely right about the general lack of education in economics and finance. In my opinion it is intentional as financially illiterate populace is easier to keep in line.

@palomap3: 🀣🀣🀣 The β€œWhat’s happening?” from the start made me laughing. You're too serious in the videos, you can smile more! 😁 Aesopo already explained in his story about the cicada and the ant the same thing you tell us in the video. In 2600 years we continue to do the same thing. πŸ€¦β€β™€οΈ Being an ant is less sexy but more productive.

@jfang003: A lot of people live paycheck to paycheck but I do agree that it is unsustainable. I think that you need to grow your wealth otherwise it's just something that won't last that long.

@josediccus: I use to say that the best way to benefit from Hive is use it to set up something that can earn you income. This way you can actually use the incoming profit from that venture and eventually increasing your stake. Thanks for explaining everything, the 101 of owning stakes, passive income, HBD and all that.

@duskobgd: I am not competent to comment on these that extract profit, I invest all my money immediately πŸ˜€ ( both Hive and everything else). A few months ago I got pissed off because the bank charged me monthly maintenance for the amount of foreign currency I have in the account. Well, in order to pay off the monthly maintenance, I put a term into savings...

@dantrin: I never heard of portfolio income. I will check that out ty!

@relf87: Ah interesting how they classify the types. I always viewed the second and third type together as "investment income", but I think they kinda classify one as interest/dividends (realised) and the other type more like capital gains (mostly unrealised unless you sell). Actually I feel that nothing is really "passive" at the end of the day. Everything needs some form of due diligence and monitoring, just that some require less and some require more. Even HBD is not always 20%, and it might change any day. You are right that most people seem to only view work income as the only source of income. I remember when one of my colleagues retired early in her late 40s, everyone was shocked "how would she survive if she didn't have a job and a monthly income", but I sort of know she had it all planned out. She probably have saved up well, invest well, and have assets that generate enough income for her lifestyle, and hence, why would she then need to spend 40 hours every week slogging at the desk. !LUV

@gadrian: I think in many cases people know about the existence of other forms of income, but they either got burned in the past and don't want to try again or think they aren't good enough to try certain things, even though some of them only seem difficult at first and the terminology might foul people into thinking it's above their capabilities, but in many cases it's just a matter of getting used to them.

@coquicoin: Unfortunately for most people, lack of financial education is a fact of life. In Hive so many users (many more than we would like) see Hive as a source of income creating content but do not see the important aspect, the one where you build your account to generate more in the future for you and for those who are related to you. Hive is much more than a site to create content and that's why I think that when we curate content we have a responsibility in that matter too.

@jesuslnrs: My Financial Master has spoken!!! (with a bit of fatigue in his voice from the morning walk) πŸ˜… Thanks for talking space bro, I understood the class... There are really no excuses, but many also do not have the interest to investigate on their own, sometimes even I myself fall into ignorance, but I let myself be carried away by good examples like my brothers of Liotes and Mrs. PH. It's been a rough few days around here, so I appreciate you sharing the video, it's a personal reminder for me to do things right πŸ™

@rafzat: If we keep using our funds for everyday life, we won’t be able to save up a dime for the future. It’s good to spend but should be done with limits

@libertycrypto27: !ALIVE !discovery 20

@discovery-it: This post was shared and voted inside the discord by the curators team of Join our and follow our Discovery it is also a Witness, vote for us Delegate to us for passive income. Check our

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