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

[serjent05]

Before leaving your current job and go full-time with your passive income you should consider the following factor:

1.  Your financial stability.
2.  Your passion
3.  Your work balance.

If you feel that your passive income can bring you financial instability then by all means you can leave your current job.
If your passion for work states otherwise (just like you say @OP that you detest your current job) unless the first factor is met then by all means you have to endure your current job.
If should also be aware if your current job has a bad impact in your health.  If it is then better quit your current job than your life quit for you.

[Finestream]

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 would want to advise you to keep your job but the fact that you don’t like it anymore, so what’s the use? Just leave your present job and look for a new stable job that will suit your interest and skills, and just continue doing your side job that is giving you passive income. I was once in your shoe way back then, but I took the courage to leave the job not just because it’s low paid but also the new surroundings I think is very toxic. Now, I have no regrets as I’m already earning more than my previous job has to offer.

[jostorres]

Before leaving your current job and go full-time with your passive income you should consider the following factor:

1.  Your financial stability.
2.  Your passion
3.  Your work balance.

If you feel that your passive income can bring you financial instability then by all means you can leave your current job.
If your passion for work states otherwise (just like you say @OP that you detest your current job) unless the first factor is met then by all means you have to endure your current job.
If should also be aware if your current job has a bad impact in your health.  If it is then better quit your current job than your life quit for you.

I think passive income is like investing, which means it will take some time for us to earn on them so quitting our main jobs and depending on them is not a good idea. We can only end up selling our assets or we will borrow money from someone else and the collateral that we will be using is the one we have on our passive income stream.

There is no guarantee that we can pay the loan on time so I am afraid that we might lose our passive income. It can only be possible to quit our job as long as we have a saving other than our passive income but we gotta make sure to find a new job replacement so that we won't struggle financially later on and we still have some of our savings and passive income with us.

[isaac_clarke22]

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I would kinda disagree with others that are just saying to quit your job. Your job might not be your passion, but you could somehow like it at some point.
If it does not stop you from doing your passions or hobbies, I would keep the job and keep at it on your passive interests.

You could somehow be able to net more profit for your own wants and live a comfortable or even luxurious life, but again considering that it does not strain your usual stuffs daily that you love.

[Cling18]

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I would kinda disagree with others that are just saying to quit your job. Your job might not be your passion, but you could somehow like it at some point.
If it does not stop you from doing your passions or hobbies, I would keep the job and keep at it on your passive interests.

You could somehow be able to net more profit for your own wants and live a comfortable or even luxurious life, but again considering that it does not strain your usual stuff daily that you love.

Quitting a job for a passive extra income will not be good advice. No matter how nice our side job is, if it is not stable, then we shouldn't let go of our job. Anything can happen and we all know that finding a job nowadays so if we can manage to do two things at the same time then we should do it. We can still make a passive income while doing our full-time job. That's already a good opportunity for us to double our earnings.

[Kasabus]

Before leaving your current job and go full-time with your passive income you should consider the following factor:

1.  Your financial stability.
2.  Your passion
3.  Your work balance.

If you feel that your passive income can bring you financial instability then by all means you can leave your current job.
If your passion for work states otherwise (just like you say @OP that you detest your current job) unless the first factor is met then by all means you have to endure your current job.
If should also be aware if your current job has a bad impact in your health.  If it is then better quit your current job than your life quit for you.

I would not hesitate to say just leave your job if you think that is not healthy at all. But never stop from looking for a replacement job aside from your side job because it’s still different if you have a main job that provides your main income, and you have an additional job that gives you a passive income. That way, even if your side job disappears, your finances will not shake and you won’t be struggling on how to sustain your needs.

[molsewid]

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?

If you can do both that's fine, but the thing is you will be exhausted and it will not good for you if you are starting to burn out. We should learn to take care of ourselves, I've been through that thing I do some corpo jobs and do some part time jobs as well and it drained my energy now and losses my motivation to work and my passion. In my case, I am just finishing all my debt and once free, I will make full time in my side job.

[Distinctin]

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?

Find a new job first and when the time comes you’ll be accepted, then leave your old job as it’s not making you happy anymore. What’s the use of keeping a job if it’s not worth keeping anymore, so settle into a new job that you will love. And with regards to your other jobs that are giving you high compensation, then keep it and develop your potentials more so you can have more jobs that will create passive income. And when you think you are now ready to go full time on them, since you’d finances are already stable, at least you will always have a peace in your heart.

[Vaculin]

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?

Personally, I would not leave my present job as easy as that knowing I’m a breadwinner but I will always go in search for a new job that will develop my full potentials and that will be of my high interest. That way, my finances will never be in trouble whenever I have to settle for my new job. And to think that I have another job that gives passive income, I will surely have more of it as long as my free time can cater it and as long as my productivity is still there.

[ethereumhunter]

I will stick with my job even if I feel uncomfortable because I can get a steady income that I can use to buy basic necessities. Meanwhile, even though I have passive income, I will leave it alone until the passive income can become bigger so that if one day I decide to stop working, I can enjoy passive income without having to work hard to make money.

I agree with other people's opinions asking you to remain patient. Besides, if we can be patient for another 1 or 2 years, that's fine too because you've been working for 4 years. Who knows, you might get a promotion for a promotion so you can increase your salary and from that salary, you can use it to find other sources of passive income.

In fact OP has spent 4 years working in a job that he doesn't feel comfortable with, and that proves that OP can last even longer and try to love his job. I fully understand that it is very difficult to work in a job that makes us uncomfortable, but it's better to try to love the job. because if we try to love our work, then I think comfort will come by itself.

That's why I said he should stay at his job first until he can make more income from his passive income. We all want to get a job that suits us but unfortunately, we live in the real world where we are always competing with other people who want the same job we want, which is the right job.

Before passive income generates a very large income to cover his expenses and other needs, he should keep working and be patient for some time.

[leonair]

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?

We all know that job is a very tough job and job requires a lot of hard work. And everyone wants to work in a relaxed way so if my passive income is more than or equal to my salary I will definitely quit my job no doubt. And I am personally employed and also have some income from crypto currency, trying to cause a business that will give me much more freedom than a job. So of course if I have passive income I won't do hard work like a job anymore

[Chainsmokers]

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?

We all know that job is a very tough job and job requires a lot of hard work. And everyone wants to work in a relaxed way so if my passive income is more than or equal to my salary I will definitely quit my job no doubt. And I am personally employed and also have some income from crypto currency, trying to cause a business that will give me much more freedom than a job. So of course if I have passive income I won't do hard work like a job anymore

Basically everyone has their own decision and for me it might be much better if we have more than one source of income,
because we never know what the future will be like,
besides that it is also important to have stable income and passive income.

[Smartprofit]

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 my country, members of parliament have crazy ideas that the unemployed should be forcibly mobilized and sent as soldiers to the war zone.  Earlier in the USSR, the unemployed could be prosecuted under the article for parasitism. 

However, even if you do not consider such extreme options, official work gives you social status.  In some cases this is very important.

For example, when receiving regular income in cryptocurrency, for the purposes of the subsequent legalization of this income, it is sometimes very important to have official income in fiat currency in parallel.

[karmamiu]

Personally I would prefer it that way and would still patiently stay that way as long as I can, you know why? Personally I prefer to have stable income that comes to me every month while conserving all my investments and other passive income for future purposes. Investment should be an investment while salary should remain as a spendable asset for me to sustain my day to day expenses. It's true that right now we should all be practical and chose the best way for us to earn money but it's also important for us to be wise and think about our health as a priority coz most of the time I noticed that several investors who are also employees suffers a lot about time management and ignoring their health, and in the end they spent a lot more than what they had saved. Usually it also comes with the price and it is also common that they are forced to choose which one they should prioritize. As much as possible I would really like to stay as an employee while having investments at the same time gaining experience and planning ahead for the next while I'm still young and productive.

[erep]

Basically everyone has their own decision and for me it might be much better if we have more than one source of income,
because we never know what the future will be like,
besides that it is also important to have stable income and passive income.

We must have income from other sources of work to increase savings for future needs, right now I really have an office job for main and passive income for monthly needs but I need another job for savings. I like other freelance or content creator based jobs that are not time bound in the job so we can maximize our free time for work.

[paxmao]

I think is not as much about the proportion but rather about the absolute sum and what you have decided that you would like to have to live with. If you passive income cn cover what you have decided that your lifestyle requires, you do not have to work or do it in a conventional sense at least. You may have to keep working if that is not the case no matter which is more.

[LogitechMouse]

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?

Find another reason why you are working for your current job.
For your family? You want to help other people? You don't have an emergency fund? Any reason that you need.

As long as you can still work, work. As long as you can still do what you are doing, do it. I've seen people who have a passive income that's pays more than their current income, but instead of them quitting their job, they are still working for some personal reasons. Balance your time. What's the reason why you want to quit working? You want to spend time with your family? Then balance your time working and give more time with your family. You are quitting because you're tired already? You can make a vacation for at least a month or 2, but don't quit working.

Look at those successful businessmen right now. They aren't quitting what they are doing even though they are earning millions or even billions of money. The best example here is Warren Buffet. I can't see the total dividend income that he got last year, but in 2021, he got at around $3.8 Billions in passive income (thru dividends). I believe you're not as near as that, but the point is, he got that huge amount of money thru passive income, but he's still working and at that age, he must've rest already and just sleep all day all night, but he doesn't.

Work. Don't quit. Just think that the income that you're getting in your current job will be put into your investments.

[slapper]

Personally I would prefer it that way and would still patiently stay that way as long as I can, you know why? Personally I prefer to have stable income that comes to me every month while conserving all my investments and other passive income for future purposes. Investment should be an investment while salary should remain as a spendable asset for me to sustain my day to day expenses. It's true that right now we should all be practical and chose the best way for us to earn money but it's also important for us to be wise and think about our health as a priority coz most of the time I noticed that several investors who are also employees suffers a lot about time management and ignoring their health, and in the end they spent a lot more than what they had saved. Usually it also comes with the price and it is also common that they are forced to choose which one they should prioritize. As much as possible I would really like to stay as an employee while having investments at the same time gaining experience and planning ahead for the next while I'm still young and productive.

It is crucial to secure one's financial future by ensuring one's present income. Maintaining a steady income is essential for achieving a healthy spending/savings ratio. Also, it's excellent that you're committed to saving and investing for the future; doing so from an early age is a terrific way to set yourself up for success.

The importance of not compromising our health, however, cannot be overstated. Working and investing takes a lot of time and energy, so it's crucial that we put our own needs first and schedule in some downtime. In my experience, it's not worth it in the long run, and I've seen too many individuals burn out trying to maintain that false sense of balance.

[Findingnemo]

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?

Don't quit your constantly paying job for passive income since you said it's passive you are not doing anything to get that so keep doing your job as well as earning the passive way gives you more opportunities in less time.

When you are sure that you had good savings and passive income has potential to grow further then you can think about it.

[iv4n]

...

Don't quit your constantly paying job for passive income since you said it's passive you are not doing anything to get that so keep doing your job as well as earning the passive way gives you more opportunities in less time.

When you are sure that you had good savings and passive income has potential to grow further then you can think about it.

If there's an opportunity for making two salaries the best would be to just continue with that... it's a good time for saving some money or even better for making some investments, DCA for example... each month the portfolio will grow and grow. With two salaries there's that extra cash that can be used very well, for many things, but who knows how old OP is, and in what kind of life situation he is... 

Maybe he already has enough money saved, in that case, he can look for some "fun" and live a life. Sometimes moving a focus from work, work, work can be a good life decision.