Passive Residual Income: Not Just The Lazy Man's Way Out!
Who is to say that having a stream of passive residual income isn't a good idea? Who can honestly say that making money with little to no effort involved isn't an attractive solution to life's money woes? Rich people, that's who! People who have all the money they could ever need. Passive residual income can give you the cushion you need to send your little ones off to Ivy League school someday, or plan for an impending retirement. Needless to say, there aren't many people like this around anymore. There really isn't such a thing as 'old money' these days. People have to go out there and earn it, whether it's passively or actively.
What is passive residual income you ask? Great question! Residual income is income that is created after one has already taken the steps to make sure the income is being generated; for example selling the rights to a project that will bring you royalties for the rest of your life, or purchasing a piece of property with the intentions to rent it out to others. PASSIVE residual income is income that is generated just like this—with little or no effort on your part.
Sounds like a beautiful thing to you already? Keep reading. By generating a stream of passive residual income, you are the one who is deciding how many hours you spend at work, and how much of your time (physical time as well as mental time) is involved in generating this income. It's all about YOU and what you do, or do not want to do. That's why it's called PASSIVE residual income!
The great thing about passive residual income is that the only limits that are set on you, and your pocket, are the limits that you set. If you decide that you would like to expand your business venture, obviously that would increase the amount of income that is generated through this passive stream you have generated. The more work you actually do put into it, the better off you will be financially, but because these avenues are passive, meaning they do not require your direct attention to continue to operate, you will still be financially well off.
Take charge of your own financial situation—don't depend on others to do it for you. If you wait forever for your boss to give you a raise before you build the house of your dreams, you may very well have to wait forever. The good thing about passive residual income is that because it requires so little of your direct involvement, you can keep your day job and the stability that comes along with it.
Related Tags: passive residual income, passive income opportunity, internet residual income opportunities
Sherman Choo is an Internet Marketer helping people all over the globe achieve Financial Freedom. To discover the perfect Internet Network Marketing business model that has helped thousands make money online and find out if this Internet Home Business is right for you. Visit==>http://www.success-university.us Your Article Search Directory : Find in Articles
Recent articles in this category:
- Advantages Of A Grind And Brew Coffee Maker
Should you really invest in a Grind and Brew Espresso maker? The answer is yes, having a Grind and B - Monitium. A Paradigm Shift In Network Marketing
As you may have heard, Monitium is representing a huge paradigm shift in Network Marketing. It is in - 55+ And Scared. The First In A Series On Making A Second Income
You've worked all these years looking forward to the day when you could retire. Now you are able to - Considering Starting A Home Based Business On The Internet?
I'm someone who has trouble working for someone else. I really hate long periods of routine and I ha - Is Herbalife Network Marketing Business A Scam?
You are on this site because you are thinking if Herbalife is a scam or not. Well you have come to t - So Why Are People Calling Herbalife Mlm Venture A Gimmick?
The people calling Herbalife a scam are usually the folks that were involve in the business before b - Mlm Training - Free Mlm Training Courses
We'll begin by dealing with the old saying "You get what you pay for". This implies that free things - Mlm Training - What Mlm Training Do You Really Need?
MLM and Network Marketing can be a very confusing business. That's mostly because there are low entr - The Top Mlm Recruiting Strategy: Mlm Recruiting For Top Earners - Mlm Recruiting Success
When it comes to MLM recruiting, there's a right way and a wrong way. But, most people only know the - Adzzoo Review - How Could This Improve The Page Rank Of Small Entrepreneurs?
There are so many network marketing companies online and let us see about one of them and their prod
Most viewed articles in this category:
- Work at Home Mom - How to Find Time for Your Business
Any work-at-home-mom will confess that owing her own business is as challenging as it gets. While th - Is A Home Daycare The Answer For You?
In America today, it takes two incomes in most cases to live a regular middle class lifestyle. This - MLM Online Tips and Tricks on the Internet MLM Trade
Copyright © Jagraj Gill http://www.payitforward4profits.com/jaggiegill There are two main th - How Do You Win At Home-Based Business? Hit The Floor Running
Every morning in Africa, a gazelle wakes up. It knows it must run faster than the fastest lion... or - MySpace Just for Fun
There are many who take advantage of the MySpace community for business purposes such as advertising - Gone Phishing and your the fish!
Believe it or not, there are rascals inhabiting this very planet, their consequence emanates from un - Is A Home Business Right For You?
You should have motivation if you want to succeed as an entrepreneur. Motivation comes naturally to - How to Promote your Network Marketing Home Based Business
Copyright © Jagraj Gill http://www.payitforward4profits.com/jaggiegill The key to any networ - The Tax Grind
As an owner of a home based business, a person is also responsible for keeping track of everything t - Meeting People on MySpace
The process of meeting people on MySpace is extremely easy. MySpace is an online community which enc