Beginnings: Conceptual Advice Blog vs Actual Progress Blog

I can't give you advice since I have no idea what I am doing. Therefore, we revert to actual progress.

My profile

Net worth of cash and assets: $10,000.00

Passive Liabilities: $ 450.00

Passive Income: $ 0.00

Passive Balance: -$ 450.00

Definitions:

A passive income is an income that is limited to a Return on Investment. This is an income that is reliable on a month to month basis.

A passive liability is the opposite of a passive income. Expense which goes out every month which I can count on.

Passive Balance is the difference between passive income and passive liability and will indicate the financial independence/dependence on my active salary.