Today I start by defining passive income and the simple way to establish passive income. It either requires a good amount of money to get started or a greater amount of work up front. I also address popular passive income topics I consider to not be passive income as they carry a burden of constant management, labor and risk. And I finish the day up trying to lay down the facts of the Inflation Reduction Act and finding out if it really does lower inflation or if its just the name of a bill that does something else.
