Creating and handling a passive income stream (or multiple passive income streams) requires encouragement. We hope these quotes can give you that extra boost. Most of the passive income quotes we've collected and curated include phrases and sayings from renowned and successful individuals on the importance and benefits of saving money, making sound financial decisions, and having a passive income stream. Each quote shares how you can make the most of your time, money, skill, and experience to help build passive income streams.
"A job takes up your time, but passive income works for you. It's not a matter of how much time it takes up." ― Robert Kiyosaki.
"Compound interest is the 8th wonder of the world. He who understands it, earns it. He who doesn't, pays it." ― Albert Einstein.
"Don't work your way up, work your way out!" ― Unknown.
"Earning passive income is like having your own printing press, with it you print unlimited cash flow every day, 24 hours a day!" ― Robert Kiyosaki.
"Entrepreneurs are willing to work 80 hours a week to avoid working 40 hours a week." ― Lori Greiner.
"Financial independence is all about having more choices." ― Robert Kiyosaki.
"He who makes $25,000 annually through passive income is more enviable than he who earns $100,000 annually through a salary." ― Mokokoma Mokhonoana.
"I love the freedom of being an entrepreneur that I do what I want to do when I want to do it." ― Lori Greiner.
"I personally feel that the #1 benefit of having my expenses covered by passive income is that I get to keep doing a lot more of the kind of work I enjoy. I also get to work the way I want to work – where I want, when I want, how I want, and with whom I want." ― Steve Pavlina.
"I remember saying to my mentor, 'If I had more money, I'd have a better plan.' He quickly responded, 'I would suggest that if you had a better plan, you would have more money.' You see, it's not the amount that counts; it's the plan that counts." ― Jim Rohn.
"I'm a huge believer in diversifying your passive income streams. Diversification means you're not depending on just one source to meet all of your needs." ― Donald Trump.
"I'm a huge believer that starting out with just passive sources can really be beneficial to your wealth-building because there are many years where you're going to have low or no active income." ― Robert Kiyosaki.
"If you do not find a way to make money while you sleep, you will work until you die." ― Warren Buffet.
"If you don't have any residual or passive income, or at least a plan for residual income, you're living a very risky life. There is no security in a job, even a high paying one. Be smart and don't rely on just one source of income." ― Ray Higdon.
"If you want to be wealthy, don't focus on making more money; instead create an investment portfolio outside your job that pays off big dividends over time." ― Daymond John.
"Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas." ― Paul Samuelson.
"It was through multiple streams of passive earnings that I could take time off work without worry over how much we were spending each month. The more diverse my portfolio became, the better protected we became from any economic downturns." ― David Bach.
"It's not about the action you offer, it's about the alignment with the dream. It's about alignment with the real resource." ― Abraham Hicks.
"Life begins at the END of your comfort zone." ― Pat Flynn.
"Look at the great businesses, like McDonalds or Walmart, there are no annual reports filed by these companies; yet their stocks trade every day! Passive Income!"― Robert Kiyosaki.
"Make the money, don't let the money make you. Change the game, don't let the game change you." ― Macklemore.
"Money has the power to buy you things. But a much bigger power of money is in generating more money for you. Those who are able to manifest the latter, are never short of it." ― Manoj Arora.
"Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver." ― Ayn Rand.
"My favourite things in life don't cost any money. It's really clear that the most precious resource we all have is time." ― Steve Jobs.
"Never depend on a single income." ― Warren Buffett.
"Never stand begging for that which you have the power to earn." ― Miguel de Cervantes.
"Passive income does not have to be huge, it just has to give you a little extra money for something that's important in your life." ― Wanda Urbanska.
"Passive income is important because it allows you to do the things that you want, whether that spends more time with your family or hobbies." ― Derek Frech.
"Passive income is what I call the money that comes in from any source other than working for somebody else." ― Gary Vaynerchuck.
"People want passive income because it produces freedom." ― John Lee Dumas.
"Residual income is passive income that comes in every month whether you show up or not. It's when you no longer get paid on your personal efforts alone, but you get paid on the efforts of hundreds or even thousands of others and on the efforts of your money! It's one of the keys to financial freedom and time freedom." ― Steve Fisher.
"Residual income means never having to start over." ― Tom Schreiter.
"Rich people choose to get paid based on results. Poor people choose to get paid based on time." ― T. Harv Eker.
"Shop for assets, not sh*t." ― George Choy.
"Some people want it to happen. Some wish it would happen. Others make it happen." ― Michael Jordan.
"The best thing I've done for my career is investing in real estate. The worst thing I ever did was work for somebody else's company and have them dictate what they wanted me to do with my time." ― John Paul DeJorque.
"The best time to plant a tree was 20 years ago. The second-best time is today." ― Ancient Chinese Proverb.
"The greater the passive income you can build, the freer you will become." ― Todd Fleming.
"The key is to work extremely hard for a short period of time (1-5 years), create abundant wealth, and then make money work hard for you through wise investments that yield a passive income for life." ― H.W. Charles.
"The key to financial freedom and great wealth is a person's ability or skill to convert earned income into passive income and/or portfolio income." ― Robert Kiyosaki.
"The more I think about it, the more passive income makes sense. Even if we only have a few hundred dollars to invest each month, that can still lead to tens of thousands in passive investments over time." ― Niraj Dawar.
"The most effective way of bringing in passive income is educating people." ―
"The only way for me to have passive income was through investing in something that would generate more than one return on my investment." ― John Lee Dumas.
"The secret to creating lasting financial change is to decide to pay yourself first and then make it automatic." ― David Bach.
"The worst thing you can do is get a second job. The best thing you can do is start a home-based business." ― Dave Ramsey.
"There are no secrets to success. It is the result of preparation, hard work, and learning from failure." ― Colin Powell.
"To me, passive income is just having your hard work pay you over and over again. And it's not like a one-time thing — it keeps paying you." ― Gary Vaynerchuck.
"To obtain financial freedom, one must be either a business owner, an investor, or both, generating passive income, particularly on a monthly basis." ― Robert Kiyosaki.
"When people ask me what 'American Pie' means, I tell them it means I don't ever have to work again if I don't want to." ― Don McLean.
"When you stop chasing money, it starts coming after you." ― Dennis Waitley.