3 ms·
> the goal of increasing your income/time ratio. Not sure that's quite the right simplification of the appeal of passive income. Your time is fixed, the appeal
by cactus2093 6y ago
> the goal of increasing your income/time ratio.
Not sure that's quite the right simplification of the appeal of passive income. Your time is fixed, the appeal of passive income for many is recovering more of your time. There's always more money you could make if you just get that next raise or promotion, so the most straightforward way to maximize your income/time is just to climb the corporate ladder and make more income.
- maerF0x0 6y agoAn interesting issue with climbing the corporate ladder is that often your time spent actually increases. I've yet to find a role w/ seniority that is less than 40 hrs a week. Some have even said that getting a promotion+raise can lead to less $ per hour because of a variety of factors such as more responsibility/time spent, increased requirement for dry-cleaning (suits or whatever)...