{"id":25063,"date":"2016-11-21T14:58:12","date_gmt":"2016-11-21T14:58:12","guid":{"rendered":"http:\/\/ourtour.co.uk\/home\/?p=25063"},"modified":"2026-04-15T16:34:57","modified_gmt":"2026-04-15T15:34:57","slug":"miracles-do-happen-the-wonder-of-passive-income","status":"publish","type":"post","link":"https:\/\/ourtour.co.uk\/home\/miracles-do-happen-the-wonder-of-passive-income\/","title":{"rendered":"Miracles do Happen. The Wonder of Passive Income"},"content":{"rendered":"
\"Man

Working 9 – 5. As far as I knew this was the ONLY way there was.<\/p><\/div>\n

This is how your life is supposed to work:<\/p>\n

    \n
  1. You go to school.<\/li>\n
  2. You go to university.<\/li>\n
  3. You get a job.<\/li>\n
  4. You buy a house.<\/li>\n
  5. You start paying into a private pension.<\/li>\n
  6. You buy gradually bigger houses, and nicer cars.<\/li>\n
  7. You work for 30 or 40 years.<\/li>\n
  8. You retire between 55 and 67, living from a combination of your private and state pensions.<\/li>\n
  9. In retirement, you have to learn to live off a much smaller income than you had in your working years.<\/li>\n<\/ol>\n

    And this is how we’ve done it:<\/p>\n

      \n
    1. We went to school.<\/li>\n
    2. I went to university<\/li>\n
    3. We got jobs.<\/li>\n
    4. Ju bought a flat, I bought a bungalow.<\/li>\n
    5. We started paying into private pensions.<\/li>\n
    6. We sold Ju’s flat and bought a bigger house, renting out the bungalow when we couldn’t sell it. We bought second hand cars. Ju got a company car.<\/li>\n
    7. We worked for about 20 years.<\/li>\n
    8. BOOM, TROUBLE IN PARADISE. I had a work-related breakdown and couldn’t work, I was messed up, I could hardly speak. Fortunately by this time the house mortgage was paid off. We quit work and spent 2 years travelling, renting out the house and bungalow.<\/li>\n
    9. We figured out we could reduce our costs, at the same time get more income coming in without working.<\/li>\n
    10. We quit work at 43 and, if we choose, never have to work again. You might consider me sat here in France on a Monday afternoon typing this to be ‘work’, but I’m enjoying it so much my cuppa just went cold, so I’m not considering it to be work.<\/li>\n
    11. When we get to 55, our ‘retirement’ income will increase as private pensions start to kick in.<\/li>\n
    12. When we hit 67, our income will again increase.<\/li>\n<\/ol>\n
      \"We

      We made it. the North Cape in the Norwegian Arctic. Yeah baby!<\/p><\/div>\n

      Is this really possible?<\/h2>\n

      It sounds unreal, but we’re living proof that it’s possible. We’ve been living off passive income for over a year, during which we spent 10 weeks in one of the most expensive countries on Earth (Norway), and our plan is showing no signs of failure any time soon.<\/p>\n

      My exposure to how life should be was following the first set of steps, until I hit 39 years old. Then we set our own course. Neither of us knew anyone who’s done the second set of steps, who’s quit work a decade or two early with a reliable income coming in without working. Neither of us knew anything about passive income, but now we do, and it feels like a miracle.\u00a0But truly rich folks, those who don’t work for a living (I’ve never seen Benefit Street, but I’m talking about investors rather than folks supported by the state) have been doing this for ever.<\/p>\n

      Please note: you don’t need to do the Full Monty to benefit from passive income. You don’t have to quit work like us layabouts. You can continue to work, while gradually building up passive income streams which in turn gradually reduce your reliance on the monthly pay cheque. In turn this gradually reduces stress levels as your own personal safety net gets strung up below you.<\/p>\n

      Where does the money come from?<\/h2>\n

      \"TheSo, this is where where our income currently comes from:<\/p>\n