When your passive income equals or slightly above your salary, what would you do

[CageMabok]

I have been in a job I detested and although I somehow managed to stay at it for up to 4 years, I didn't even for once let go of my passionate hobby and other passive streams of income I was interested in at the time.
Today, one of my passive interests pays more than my salary. My mind has been yearning for a resignation, but opinions of others and family bears the message of patience with the job I so much detest for reasons ranging from inflation to fear of the unknown.

If you were in my shoes, what would be the best advice you would give yourself and adhere to in this instance?

In the past I have also been in such a position in my job and at that time I also wanted to choose to resign from that very torturous job, but there were lots of suggestions from those closest to me telling me to stay put because they had see me able to survive up to a year. But the following year I left right away because I had found another job that I liked and that didn't torture me and my time as much.

Well, my advice to those of you who are in that kind of position right now is to stick with the job you hate if you haven't found another job with a higher salary. Because passive income from a job you like is a side job with the aim of getting additional income for your savings for the future, while a job with a salary that is not too high you can use it for daily needs so it doesn't drain more savings for your future .

[KiaKia]

I won't advise you to quit your job because your side hustle is paying more, some times we always feel like things will remain the same when it comes to making money but that's a lie, your side hustle can go awry some day and you will need a job to survive, do not rely on a side hustle and your job, they are both there to come in handy, if one fails the other will work, this should be the right way.

Incomes don't always stays the same, they go up and down or even stopped unexpectedly some times, if your job is paying then keep it, if your side hustle pays then keep both.

[judeafante]

I have been in a job I detested and although I somehow managed to stay at it for up to 4 years, I didn't even for once let go of my passionate hobby and other passive streams of income I was interested in at the time.
Today, one of my passive interests pays more than my salary. My mind has been yearning for a resignation, but opinions of others and family bears the message of patience with the job I so much detest for reasons ranging from inflation to fear of the unknown.

If you were in my shoes, what would be the best advice you would give yourself and adhere to in this instance?

I think you just want confirmation that you will do the right thing and that you want to leave your job because according to you you detested it because, in the first place, you're not going to create this post if you love your job so if I am in your shoes I will just leave my job and do the thing that I love, our dream and goal is to do the things that we love and enjoy doing while making money out of it.

[Coin Gorilla]

I would 'effin celebrate

Kidding aside, I would set the next goal for myself and just keep compounding, the x2 from that/there gets easier.

[BitcoinTurk]

I think that I will make such a decision depending on the amount of my earnings, because in such a case, if I quit my job, I will have more time to travel and spend. For this reason, I think that a clear decision should be made after considering all the details.

For example, if the passive income type will generate more income when more money is added, I can continue to work for a while to increase this income a little more and I can add my salary to help passive income grow. Of course, while performing this process, I always apply it until I reach the amount that will make my life more comfortable instead of aiming for more and more.

Also, before making such a decision, I would be sure about the continuity of my passive income source, and after that, I would continue to live with this income. So, having a temporary passive income, even long-term, will unfortunately not have a life-time relaxing effect.

For this reason, in my opinion, it would be best to make a decision after making sure that the passive income source is sustainable and that the amount it provides will be sufficient for my life.

To summarize, if all these factors I mentioned happened, I would quit my job and continue to live with this income source.

[xSkylarx]

I have been in a job I detested and although I somehow managed to stay at it for up to 4 years, I didn't even for once let go of my passionate hobby and other passive streams of income I was interested in at the time.
Today, one of my passive interests pays more than my salary. My mind has been yearning for a resignation, but opinions of others and family bears the message of patience with the job I so much detest for reasons ranging from inflation to fear of the unknown.

If you were in my shoes, what would be the best advice you would give yourself and adhere to in this instance?

I think you just want confirmation that you will do the right thing and that you want to leave your job because according to you you detested it because, in the first place, you're not going to create this post if you love your job so if I am in your shoes I will just leave my job and do the thing that I love, our dream and goal is to do the things that we love and enjoy doing while making money out of it.

If the OP is single and not a breadwinner, then this is possible, but if it is the opposite, then I won't be recommending this as you need a stable job or income rather than a side hustle or passive income that will be gone in a few months. If you have already had a child, you must make a decision not only for yourself, but also for your family, because if lose your source of income, the rest of you will be affected. It is very difficult to find a job right now, but as long as you see that your passive income will last for 3-5 years, that is good, or you have savings that can last you a year without working, that is good. 

[MoonOfLife]

I have been in a job I detested and although I somehow managed to stay at it for up to 4 years, I didn't even for once let go of my passionate hobby and other passive streams of income I was interested in at the time.
Today, one of my passive interests pays more than my salary. My mind has been yearning for a resignation, but opinions of others and family bears the message of patience with the job I so much detest for reasons ranging from inflation to fear of the unknown.

If you were in my shoes, what would be the best advice you would give yourself and adhere to in this instance?

I have been in your situation, I also hesitated whether to choose both or give up 1. I finally quit my job at the company to focus on my passion. Sometimes quitting my job is also a pity, but since leaving my old job, I have had more time to devote to my passion, and now the job that I choose gives me a much higher income than other what the old job brings.  And I'm getting the chance to do bigger things with my passion.

[rat03gopoh]

Depending on how to interpret the words "passive" and "active" from the PoV of your income, not based on nominal but frequency.
Some cases, people can ensure that the current side work (preferred) will guarantee a stable income because it starts to have a lot of interest so they decide to make it the main job. So, you can test for the next few months by continuing to live both with the opposite status (your daily spending from passive income).

[Leviathan.007]

I have been in a job I detested and although I somehow managed to stay at it for up to 4 years, I didn't even for once let go of my passionate hobby and other passive streams of income I was interested in at the time.
Today, one of my passive interests pays more than my salary. My mind has been yearning for a resignation, but opinions of others and family bears the message of patience with the job I so much detest for reasons ranging from inflation to fear of the unknown.

If you were in my shoes, what would be the best advice you would give yourself and adhere to in this instance?

I actually had this situation years ago. when I was working as an intern and I had a small income from my work I gave my apartment for rent and the passive income I got from renting that apartment was a lot more than what I could earn from the job I do what's why I decided to leave my job, which was a wrong decision because working there could give me a chance of earning more skill and the small money I got could help me save more for the future, so if someone has the same situation maybe the best thing to do is to continue the job or find a better job to earn more.

[BlockMinusOne]

Consider the following before resigning from your job:

• Assess financial stability & savings
• Consider long-term goals and plans
• Evaluate job market & opportunities
• Evaluate impact on personal & family life
• Trust your instincts, prioritize happiness and well-being.

In summary, weigh pros and cons and make a well-informed decision that aligns with your long-term goals and values.

[suzanne5223]

I have been in a job I detested and although I somehow managed to stay at it for up to 4 years, I didn't even for once let go of my passionate hobby and other passive streams of income I was interested in at the time.
Today, one of my passive interests pays more than my salary. My mind has been yearning for a resignation, but opinions of others and family bears the message of patience with the job I so much detest for reasons ranging from inflation to fear of the unknown.

If you were in my shoes, what would be the best advice you would give yourself and adhere to in this instance?

Resignation is never a good idea, I know you may go through a lot of shit that makes you feel like quitting the job but I want you to know that I was once on this road before and if you can manage the job with your passive income activities keep the job while you diversify your passive income into investment for some years when its time perfect for you to quit the time will show itself.

[lovesmayfamilis]

People in many countries are forced to work outside their fields of expertise. For example, in my country, it is difficult to find a job in the profession that I received in my education that corresponds to the level of pay that I would like to see. Because of this, many are forced to perform difficult and perhaps boring work since the salary looks better than the salary of the specialization for which they were trained. But over time, having accumulated the necessary capital in an unloved job, it becomes possible to do what you love, which is well funded, and some are simply afraid to leave their comfort zone or familiar but unloved work because of the erroneous belief that this work can always exist.
But there is nothing permanent about temporary, and this should always be remembered. Our temporary, unloved job will eventually turn into a permanent one just because we are afraid to start pursuing our hobby on a permanent basis. For some people, the moment when they earn how much is absolutely not important; the feeling of satisfaction from their favorite activity is important. If your hobby makes good money, then such people can be called lucky.

[serveria.com]

I have been in a job I detested and although I somehow managed to stay at it for up to 4 years, I didn't even for once let go of my passionate hobby and other passive streams of income I was interested in at the time.
Today, one of my passive interests pays more than my salary. My mind has been yearning for a resignation, but opinions of others and family bears the message of patience with the job I so much detest for reasons ranging from inflation to fear of the unknown.

If you were in my shoes, what would be the best advice you would give yourself and adhere to in this instance?

I don't think you should take any advice received here seriously, simply because people are different and there are many opinions and points of view. How tired you are, how desperate you are to keep your job, what are your goals in life etc... if you hate the job really bad, just let go, quit and go on with your profitable hobbies. If it's bearable, keep it and again, spend time on your hobbies. Also, how much you earn: $60k salary + $60k passive a year or $600k salary + $600k passive income does make a difference, doesn't it? 

[Cryptomultiplier]

I think I have come to understand how opinions can shape ones decision making process. All the persons i have spoken to as regards this have same things to say:
*Weigh the pros and cons involved,
*Look for another job, so as to increase your earnings,
*Long term thinking of how fulfil goals, e.t.c.
 One thing that is missed in all the opinions I have gathered is that, listening to ones instinct is key, health is the key to wealth and absolute faith in the how the universe works can conspire to make one fulfil any goals he/she has set aside.
Although I like to be pragmatic many a times, but if perhaps I can exercise my faith in this universal system of possibilities, then I would say, when one door closes, another opens.

[michellee]

I will continue to work as usual because it will provide a salary that I can use to invest in other things or increase the amount of my crypto investment. If your passive income has not exceeded your salary, for example, 2 or 3 times, you should keep working while continuing to get a bigger passive income. After all, patience and waiting a little longer won't be bad for you because you can get that income to achieve your goals.

[virasisog]

It all depends on your goal and purpose. If you think your passive income would last for good and you want to stay in the comfort of your home to relax and just enjoy life, then you can leave your job. But if you want to earn more and your passive income will not last for too long, then never leave your job. Your decision will depend on your expenses and your lifestyle so you will be the one to answer your question wisely.

[nara1892]

I will continue to work as usual because it will provide a salary that I can use to invest in other things or increase the amount of my crypto investment. If your passive income has not exceeded your salary, for example, 2 or 3 times, you should keep working while continuing to get a bigger passive income. After all, patience and waiting a little longer won't be bad for you because you can get that income to achieve your goals.

Yes it can be done, there are lots of people out there having trouble finding work and OP already has that. I really understand that maybe in a job we need comfort, and what I read from what the OP said is that he hates his job and that can be interpreted as discomfort. I want to say, try to find where you hate your job. Is it from the environment, colleagues or other things. I think we can make our dislike of work overcome as long as we know where the point of our dislike for the work being done is.

[Ahli38]

I think I would be in a slightly confusing position if I were in your position. Although we could have quit the job we hate. because we already feel safe with other bigger income. But I understand your family's advice which suggests to be patient and last longer. because the current economic situation is not so stable. So accumulating as much savings as possible as long as there is a chance is what needs to be the main goal now. However, staying in a job that we cannot enjoy at all is quite difficult. but I think you better be patient to be able to last a little longer. and if you feel like you can't stand it, stopping is the last option.

[Maestro75]

I have been in a job I detested and although I somehow managed to stay at it for up to 4 years, I didn't even for once let go of my passionate hobby and other passive streams of income I was interested in at the time.
Today, one of my passive interests pays more than my salary. My mind has been yearning for a resignation, but opinions of others and family bears the message of patience with the job I so much detest for reasons ranging from inflation to fear of the unknown.

If you were in my shoes, what would be the best advice you would give yourself and adhere to in this instance?

You hate your job and then luckily for you your side hustle is able to fetch you as much as your salary from your despised job and you are asking what next you should do? You already know the answer. As for those family members urging you to still stay on that hated job, that are only selfish. They want to be enjoying what little economic independence you gain from being in a job or the little you also do for them financially. Nobody wants someone to depend on them financially. They will find every available means to persuade you to stay and I believe that is what those people are doing to you.

[Casdinyard]

OP', if you think you can retain the same qualify of living and purchasing power when you leave the job you hate so much and focus on your passive income avenues, I think you should go for it. But if the economy wouldn't let you pay for stuff that you currently own or it will debilitate your ability to buy stuff and services, I would highly suggest you keep working in that. 9-5 of yours until such a time arrives. I've been in the same position as you back then and I made the rookie mistake of resigning in my 9-5, which completely turned my life for the worst because right after I was let go from the company clients stopped coming in and the bear market of crypto started, leaving me penniless for months on end, which you should also be mindful of by the way. Passive income avenues like those of crypto or stock are very seasonal, so it's not always going to be green unless ylu daytrade.