1. People are in the habit of running after money whereas the strategy should be reverse. I read an interesting book long time back by the name of "Rich Dad and Poor Dad" and found an interesting facet of life which emphasised on creation of passive income.
2. Acting on the said strategy I bought a palatial house from an NRI which was a good deal and later on built a huge showroom in front of the house as the house is on a main road with commercial value and has rented the same at a decent amount.
3. As a net result of above strategy my house loan EMI is being paid by the showroom rent and am able to even get to save a few thousand rupees.
4. Thus I have created a passive income which will keep on paying me and will also increase at a rate of 10% per annum as per 11 months agreement.
5. Readers are requested to contribute any passive income strategy which has paid them handsomely.
2. Acting on the said strategy I bought a palatial house from an NRI which was a good deal and later on built a huge showroom in front of the house as the house is on a main road with commercial value and has rented the same at a decent amount.
3. As a net result of above strategy my house loan EMI is being paid by the showroom rent and am able to even get to save a few thousand rupees.
4. Thus I have created a passive income which will keep on paying me and will also increase at a rate of 10% per annum as per 11 months agreement.
5. Readers are requested to contribute any passive income strategy which has paid them handsomely.
