Many people imagine life after passive income as laying on a beach all day without a care in the world. The real point of earning passive income is not to sit around on your butt all day. It’s to free up your time to do more fulfilling ventures. Having passive income streams means freedom. True financial independence. An escape from the 9-to-5 job. There are dozens of ways to generate passive income. Passive income streams require an upfront investment and a lot of nurturing in the beginning. After some time and hard work these income streams start to build and are able to maintain themselves, bringing you consistent revenue without much effort on your part