What can I do now so I can earn enough passive income in the future?

Friday, July 9th, 2010 at 10:01 am

I’m starting college this year, and I’m starting to realize more and more that I will have to be financially independent really soon here. One of the things I’ve been thinking about is how I’m going to earn passive income–what can I do now so that I’ll be set up to earn passive income? Not just a trickle of interest on money in the bank, but something large enough that I’m not entirely dependent on employment for my living, and when I’m employed I will not be working my ass off, but have time to spend with my family or do activities I enjoy. I’m starting from scratch here, so no money to start earning interest on. I’m working some now, but not heavily–I’ll be earning around 00 this summer. What is a wise way to invest it so I will be where I want to be in the future?