25 Best Passive Income Quotes For Doctors
If you’ve been a regular visitor to this blog, you know that I’m a BIG fan of passive income.
Why? Because we’re not taught anything about finances during our training and I wanted to do my part to educate you based on my personal experience (even failures!).
One of the main issues is that doctors aren’t too aware of passive income; only their active income.
It seems everything we do is focused on growing our active (highest taxed) income.
This includes:
- courses
- seminars
- reading books
- working multiple jobs/shifts
All of these are great to better yourself and I want you to make as much money in your field as possible. But the problem with ONLY focusing on growing active income is the fact that you’ll ALWAYS trade your time for money no matter what.
0 patients = $0 income
If you want freedom and independence from your career as early as possible, then passive income needs to be your main target.
Passive Income Ain’t Easy
Nothing in life worth having comes easy and passive income is no exception.
You’re going to have to put in the hard work to grow your active income level so you can start funding assets that bring you residual income streams as quickly as possible.
I find that if there’s something I want in life, then motivation from successful people helps.
I’ve scoured the web to help find passive income quotes from the most successful and renowned people to get you going in the right direction.
So without further ado, here’s 25 passive income quotes….
Join the Passive Investors Circle25 Best Passive Income Quotes For Doctors
#1 “My rich dad taught me to focus on passive income and spend my time acquiring the assets that provide passive or long term residual income…passive income from capital gains, dividends, residual income from business, rental income from real estate, and royalties.”
#2 “You can only be financially free when your passive income exceeds your expenses.”
#3 “If you don’t find a way to make money while you sleep, you will work until you die.”
#4 Compound interest is the 8th wonder of the world. He who understands it, earns it. He who doesn’t, pays it.
Albert Einstein
#5 “The MOST effective way of bringing in passive income is educating people.”
Jess Van Den
#6 “Residual income means NEVER having to start over.”
Tom “Big Al” Schreiter
#7 “NEVER depend on a single income.”
Warren Buffett
#8 “The WORST thing you can do is get a 2nd job. The BEST thing you can do is start a home based business.”
#9 “What if you could give yourself a RAISE in your spare time?”
Forbes Magazine
#10 “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
#11 “Make the money, don’t let the money make you. Change the game, don’t let the game change you.”Macklemore
#12 “Some people want it to happen. Some wish it would happen. Others make it happen.”Michael Jordan
#13 “Life begins at the END of your comfort zone.”
Don’t Miss Any Updates. Each week I’ll send you advice on how to reach financial independence with passive income from real estate.
Sign up for my newsletterPat Flynn – Smart Passive Income
#14 “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
#15 “The best time to plant a tree was 20 years ago. The second best time is today.”
Ancient Chinese Proverb
#16 “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
#17 “The greater the passive income you can build, the FREER you will become.”
Todd M. Fleming
#18 “You can’t have a million dollar dream with a minimum wage work ethic.”
Anonymous
#19 “He who makes $25,000 annually through passive income is MORE enviable than he who earns $100,000 annually through a salary.”
Mokokoma Mokhononana
#20 “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
#21 “Shop for assets, NOT Sh*t.”
George Choy
#22 “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
#23 “Money can’t buy happiness, but it will certainly get you a better class of memories.”
Ronald Reagan
#24 “If you’re still doing what mommy and daddy said for you to do (go to school, get a JOB, and save money), then you’re losing.”
Robert Kiyosaki
#25 “The secret to creating lasting financial change is to decide to pay yourself FIRST and then make it automatic.”
David Bach, author of the Latte Factor and Automatic Millionaire