If you're like most people, you've been conditioned your whole life to think about income as a process of trading time and effort for money. not having to work) and still continue to receive income. Very often, this is also referred to as “PASSIVE INCOME”, because you could afford to be passive or non-active (i.e. Therefore it goes without saying that in order to build wealth, you need to tap into RESIDUAL INCOME. Elvis Presley to day “continues” to earn residual income even after death because his records continue to “work” for him due to continued demand from his fans. If you’re given a choice of making $500 as a one-time payment OR getting only $100 but paid this amount every month, for 20 years if not for life, which would you choose? If you work only once and get paid many times over, you’re earning a RESIDUAL INCOME.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |