Passive Income Streams
Understand why the FI mechanism: active income is capped by your time (24 hours/day).
5
Lessons in this module
Active vs passive income
Understand why the FI mechanism: active income is capped by your time (24 hours/day).
7 income streams of the wealthy
Understand why income stream resilience: with one income source, any disruption (job loss, illness, economic downturn) is catastrophic.
Online income for Nigerian teens
Understand why online income accessibility factors for Nigerian teens: (1) Age-agnostic (platforms care about output quality, not birth certificate), (2) Location-independent (Lagos or Kebbi, same global market), (3) Capital-light (graphic design, writing, coding, video editing require skill, not money), (4) Dollar-denominated (structural advantage given naira trajectory).
Investing as an income stream
Understand why the dividend FI mechanism: dividend-paying stocks provide ongoing income without selling the asset.
Building income over 20 years
Understand why income stream sequencing: active income first because it requires only skills, not capital.
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