Passive income - Money earned with little ongoing effort, Financial freedom - A state where money covers all expenses, Venture - A project involving risk, Rental properties - Apartments or buildings rented for income, Dividend stocks - Shares that pay investors regular profits, Royalties - Payments to creators for using their work, Affiliate marketing - A business model earning commissions by promotions, Intellectual property - Creations like art, inventions, or patents, Diversify - To increase variety to reduce risk, Compound returns - Earnings reinvested to generate more income,

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