Economist Anastasia Rurik told RIA Novosti how to correctly generate passive income in 2025.
What is passive income
Photo - © Igor Nizov / Lori Photobank
Passive income is income from capital. And capital is money, shares, bonds, real estate, business, intellectual property, that is, everything that a person has created or received from someone and that is currently working for him without the active application of time and effort. In other words, this is income regardless of the age, hours of work and geolocation of the citizen.
The Myth of Passive Income
Elena Chelysheva (Cochin) / Photobank Lori
Photo - © Elena Chelysheva (Cochin) / Photobank Lori
Many people think that passive income does not require any oman mobile database effort at all. This is not true: miracles do not happen, especially when it comes to money. You will still have to, at a minimum, compare deposit rates, analyze investment opportunities, calculate the benefits, and so on. And such analysis requires no less time than regular work. In addition, today there are two aggravating factors: high inflation and the devaluation of the ruble.
4 Steps to Create Passive Income
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1. Start by analyzing your active income and perhaps changing jobs
The passive income base is formed from funds that you can put aside without affecting your daily life. Therefore, analyze whether you are receiving a salary that corresponds to your work. If not and negotiations for a raise are fruitless, it may be worth changing jobs or at least assessing the labor market.
“In my experience, if companies don’t raise wages in line with inflation, it’s a warning sign about the state of their business,” says the economist.