Online Income

Residual IncomeIn this post we will  look  into ways you can benefit with residual income.

 

 

What exactly is residual income?

 

Residual income is income that continues to be generated after your initial input, without your continued direct involvement.  This is opposed to linear income where compensation received is directly related to work done by you. This is a once-off transaction and is mostly in the form of a salary or wages.

 

From this definition it is clear to see that residual income is the preferred way to go.

 

 

Ways of generating residual income.

 

There are a variety of ways in which residual income could be generated.  Herewith a few examples.

 

–  Artists like actors and musicians receive residual income.  They receive it in the form of royalties from the sale of movies in which they acted in,… Continue reading