How to Start Building Passive Income NOW | 549

At Money Ripples, our goal is to get you the freedom so that you work because you want to and not because you have to, and that’s what we’re talking about today.In this episode, we will talk about passive income and how you can start building it, no matter where you’re at in life. If you’re looking for ways to create passive income, this is for you. Listen now and learn what you need to do to make it happen!Key Talking Points of the Episode[01:20] How do you get started in creating passive income?[03:30] Should you learn strategies first?[05:30] Rushing into investing[06:31] Coming from a place of scarcity[07:04] The importance of freeing up cash[08:30] Beyond Rice & Beans[09:45] Stop contributing to a 401k[10:10] Starting to invest[14:50] Be one of the first 10 people![15:17] Who is the Wealth Accelerator Academy for?Quotables“If you want to have that kind of life, you want to have the life of those you’re following, not following someone who is a blind guide.”“Any education that’s only teaching strategy is a sure fire way for you to fail.”“You will not get wealthy just trying to gamble.”LinksBook: The Richest Man in Babylonhttps://www.amazon.com/Richest-Man-Babylon-George-Clason/dp/1505339111Free E-Book: Beyond Rice & Beanshttps://moneyripples.com/Podcast Episode: 401K Lie: The Myth of the Matchhttps://moneyripples.com/2021/10/11/myth-of-the-match/