“Residual income is that of fairy tales and only reserved for the ultra wealthy.”
That statement couldn’t be further from the truth. For those who don’t even know what residual income is, it is income that comes in month after month, year after year without you having to do the physical work for it.
It is what many are after but few know how to create it. It provides the ultimate kind of leverage.
In the past, the only people that had access to residual type income were people who owned real estate, investors and Insurance salesmen.
Today, however the game has changed and the internet has changed it.
Residual income when created correctly can afford you a life of time freedom, financial freedom and the ability to do what you want, when you want and with whom you want to do it with.
Let’s face it, you have no real leverage when your slaving away for someone else and on a fixed salary. You put in the hours, you get a paycheck. Unless you are in a position where you are making a nice six figure salary and you have lived within your means, you have a fat chance of creating residual income.
I am into multiple streams of income. Ten is always better then one right? Over the past two years I have learned how to generate multiple streams of income that are produced even in my sleep or while away on vacation. Let me tell you, nothing comes close to touching this type of income.
Without it, rising taxes and inflation will slowly gobble up your job income. As prices go up and your raises every year don’t match the percentage of inflation, you just took a pay cut. Over the course of time, this will take a huge toll on your bank account and the ability to maintain your standard of living.
If your not feeling the pinch yet, don’t worry, you will.
Residual income opportunities are out there. You need to find a system in which you can not only educate yourself with, but be able to apply the information in a fashion that it produces the results you are looking for financially.
PS. To learn more about how you can create residual income, click on the link.