21/05/2026
Categories of income!!!
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Earned income is that income that you earn as a result of trading your time, energy, and effort. You labour once, you earn once. To earn again, you have to labour again. e.g. Salary earner, paid webinars, paid conferences, speaking engagements, consultation, etc.
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In this category, you labour once and earn always and continuously. You get paid forever. e.g., writing a book, creating a digital product, real estate investments, music production, movie production, royalties, course creation, etc.
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In the last category, i.e. freeflow, you donโt even labour. Your money works for you. And money is a labourer that doesnโt get tired or weary. It is a continuous worker. It works around the clock and tirelessly. e.g. investing in a compound interest financial instrument. In freeflow, your money works harder than your labour.