What on earth is Passive Income I hear you cry! I thought this myself not so long ago but basically, its a way of creating income from very little initial work. It could be from selling stock photos, Flash animations, templates etc.
Passive Income can be see as an extra way for you to generate income in hard times. The main benefit to you is that generally it is only a relatively small amount of time input for you initially and then after this you keep earning money.