Passive income: the Holy Grail of personal finance. The ability to earn money without lifting a finger sounds ideal, doesn’t it? It’s a topic you’ll see endlessly discussed, often linked to the idea that millionaires have seven streams of income. But there’s a problem—passive income, as commonly portrayed, doesn’t really exist. Let’s break down why passive income isn’t as promising as it seems, and why you keep hearing about it. What is Passive Income? Passive income typically refers to income streams that don’t require your active involvement once set up. The allure is having more free time for leisure while…