r/Money May 04 '24

Making $1,000+ Monthly in Passive Income

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291 Upvotes

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420

u/FxHorizonTrading May 04 '24

How to make 1k a month: 1) come up with 250k

88

u/FunkOff May 04 '24

Income is taxed whereas wealth is not.  This makes it tougher to catch up to people who are already rich 

3

u/Aseedisa May 04 '24

Wealth is taxed. Interest is taxed