How can people earn income w/ or w/o work?

Hello Rose, First of, you're right there are 3 types of income which is Active income or Earned income, then Passive income and Lastly Portfolio Income. So the difference between those three is that: Active income comes from the income you earn from your work specifically salary, may it be an hourly basis or monthly basis. Passive Income can be achieve by house rentals, properties BLOGS, WEBSITES or other..and Portfolio Income comes from monetary investments, bonds, funds, stock and mutual funds.. I hope this thing help you!

Earned: exchanging time for money. Normal jobs, wages, etc. You do work, you get paid once for it. Passive: also called residual income. Royalties on work, such as earnings from published work (books, music, articles), rent from owned properties, etc. Anything where you put in the effort once and earn a small amount for the rest of your life. Portfolio: income from investments. Capital required for the initial investment. Covers things like dividends, interest and so on. You could probably also include equity in there, though you'd have to realise it.

I rely on earned income and portfolio income. I do not have any passive income as I do not own any property. I think when we work hard, and save money to buy assets, sooner or later our portfolio income is so huge that we can survive without working for another day in our life.

I'm sorry to disappoint; I had never heard of the three kinds of income before now, but as a student who is chronically ill, I would LOVE to learn more about them if anyone else knows....

I just want to make myself believe that internet passive income is better compare to traditional passive income, but the truth is, here in our place in the Philippines, i think TRADITIONAL PASSIVE INCOME is the best compare to Internet Passive Income, why? Why and how to do it? for example, if your husband is an oversea seaman Chief Mate on board Foreign Cargo Shipping, Norwegian Shipping Company... your husband may return vacation home, and bring a lot of money, let's say 800,000 Philippine Pesos income on just 8 months of working seaman... then you don't let those big amount of money just for fun but have it capital all 800,000 to buy an installment apartment in the heart of the city near school, shopping malls, markets, etc.... and don't spend to buy on those Subdivision Lots because it is not an asset but subdivisions is a form of liabilities then in Apartment rents, every month you have to collect their monthly payment obligations and how about if you earned 3 apartments later? and if rental apartments for rental is hard to achieve, you may start purchasing boarding houses and have it rent rooms and not just bedspacers or your choice. Traditional Passive Income is more better compare to Internet Passive Income.