Advantages
1. Passive income can lead to financial freedom
2. There is no limit on passive income
3. Passive income can come from a variety of sources
4. You can be your own boss
Disadvantages
1. Setting up passive income streams takes time and effort
2. Passive income streams don’t grow overnight
3. You need to diversify to ensure that you have money flowing in at all times
4. Passive income can be too passive for some people
