Which of the following is a way to increase your income?

Exploring side hustles or asking for a raise is a practical approach to increasing your income. Side hustles provide an opportunity to earn additional money outside of your primary job, which can help boost your overall earnings. This could include freelance work, part-time jobs, or turning hobbies into income-generating activities. Similarly, asking for a raise is a direct way to increase your income by leveraging your skills and contributions to justify higher compensation in your current role.

Both strategies focus on enhancing your earning potential rather than cutting costs or limiting work hours, which may lead to reduced income rather than increases. While passive income is an essential concept for long-term wealth building, solely focusing on it can neglect the immediate potential for income growth that comes from active efforts in your job or through side ventures.