Good afternoon Everybody,
Its a beautiful fall day and I guess we all know what this means in the midwest. WINTER!
With that said, I thought we would talk about The Power of Risidual Income. Earning a reliable residual income will give you assurance of a monthly income even if you have lost your social security, lost your job or become unable to work. You know you can count on your residual income to see you through. So many folks have learned the value of residual income since the downturn of the economy which began in 2008 and continues. Alot of people who are earning a residual income today thought they would just use it as a supplemental income but found out that soon they were able to step away from there full time job and devote there time to there residual income job plus have the freedom to spend more time with there family and doing the things that you want to do.
The best types of residual income are usually those that you have exclusive rights to or otherwise control. They may be harder and more time-consuming to
develop or acquire as opposed to promoting products and services of other suppliers, but the rewards are usually greater, and the income more stable.I’m not against earning some good, honest, “one-shot” linear income, but given a choice, which would you rather do: work hard and get paid only
once, through linear income, or get paid continuously – perhaps for years or even the rest of your life – for hard work you perform only once, through
residual income?
I have a good friend who was in a serious accident on a motor scooter a few years ago and she was in the hospital in critical condition for months. She received her monthly checks from the company that she works for even though she was unable to work her business. That is residual income.
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