Residual Income
Posted by Yolanda Moore
Posted Sep 28 | 0 favorites
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Description
Wouldn’t it be nice to earn money while not working? That money is called residual, or recurring, income. Advantages to Residual Income - You do have the potential to be financially independent if your residual income produces enough money. - Having residual income allows you to do more important things with your time. Making money from your residual income stream won’t be the primary focus of your life. - No matter what, you will have a constant flow of income (however large or small it may be). This is critical if you get injured or sick, can’t work because of another emergency, or if you just want to take an extended vacation. - You will make money no matter where you live, unlike a linear income which ties you down to your position. We have residual bills every month.... So we should have RESIDUAL INCOME
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