Passive Income Helps Create Financial Security

Posted by Nailah Herbert in Side HustleMay 6, 2021(Last Updated December 28, 2022)1 min read
Are you ready to make some real money moves?

Passive income is not the money from your paycheck that you earn from your employer. Instead, passive income is money that you earn that takes little to no effort to maintain but most times requires you to put in the work upfront. This means you have to be active and intentional about building something that will create passive income for you.


With passive income, you have extra financial security even if you have a primary job. If you were to lose your job, then your passive income could be a way to help you pay for your bills and other expenses without having to worry.


Several examples of passive income streams can include dividends from stock earnings, rental property income, book sales, and high-yield CD or savings accounts.

Was this content helpful?
Comments (0)

Sign In to leave a comment.

Download the CapWay App

Access more features to your Money Account

  • Money Goals
  • Request Money
  • Categorize Spending
  • Money Talk

The CapWay, Inc Debit Visa Card is issued by Metropolitan Commercial Bank (Member FDIC) pursuant to a license from Visa U.S.A. Inc. “Metropolitan Commercial Bank” and “Metropolitan” are registered trademarks of Metropolitan Commercial Bank ©2014.

1. For Money Account holders with a negative balance, the CapWay debit card will go into freeze until funds are deposited to bring account back to current. See terms and conditions

2. Sending or receiving money from other CapWay account holders will be instant. Transfers from other accounts could take up to 48 hours, depending on the financial institution.

3. Early access to funds requires direct deposit. Early payment is not guaranteed and is dependent on the timing of payer's submission of deposits. We generally post such deposits on the day they are received which may be up to 2 days earlier than the payer's scheduled payment date.

4. Money Goals allows account holders to save money towards financial goals created within the CapWay platform. Funds can be transferred from your Money Account or saved through the rounding up of your transactions from purchases.

5. CapWay offers financial content through Learn Money free of charge, but may include advertisements through affiliates. Phunds, CapWay's literacy program and session, is paid content or co-branded content.

© 2019-2024 CapWay Inc. All Rights Reserved.