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Box News Canada - Passive income streams require an upfront investment and a lot of nurturing in the beginning. After some time and hard work these income streams start to build and are able to maintain themselves, bringing you consistent revenue without much effort on your part.
Read - 24 Passive Income Ideas to Make Money While You Sleep
Speaking from personal experience, adding passive income streams to your portfolio can help you increase your earnings and accelerate your financial goals in tremendous ways.
Read - 25 Passive Income Ideas You Can Start Today
For example, you can use passive income streams to help you get out of debt or achieve financial independence sooner. Like Fundrise - you can start investing in real estate for just $500. It's one of our favorite ways to build passive income.
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