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Passive Income Divide
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Overview
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The article explores the contrasting perspectives on passive income among different generations, with Gen Z and Millennials embracing side hustles, while Gen X and Boomers lean towards a more passive approach. It highlights the misconception surrounding passive income streams and the allure of leveraged income, emphasizing the need for a reevaluation of passive income strategies for younger investors.
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How might the contrasting perspectives on passive income impact the financial stability and planning of different generations?
In what ways can individuals from different generations learn from each other's perspectives on passive income to enhance their financial strategies and planning?
What are the potential implications of the divide in passive income perceptions on intergenerational financial relationships and transfers?
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Aug 2023
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