Grow Your Money With Residual Income

In my last two posts, I have talk about passive income and leverage income.

Residual income is occurring income derive from work done one time and continue to generate income in the long term.


It is similar to leverage income but the main difference is that in leverage income you use other people’s labor to produce income for you whereas in residual income you need to perform work at least one time to produce income. (Click here for more information about leverage income.)

You may not need to have personal involvement in the generation of income or you may be required to have some personal interaction. No matter what, it is a great why to produce recurring income.

Here are some examples:

One of the most popular form of online residual income is affiliate or associate program. As I have explained before, companies use these programs to compensate associate or affiliate for promoting and/or selling their products or services.

This form of residual income is very inexpensive to start but requires effort to promote and get people to sign up with the program or services you are promoting. Once you have a very popular website that promotes the affiliate program then you can generate a good monthly residual income.

There are other examples but all of them can bring fantastic long term financial rewards. It can improve your current cash flow and start your way to financial freedom.

Next post, I will talk about the power of combining the leverage income and residual income.

Related Post:

Article of Interest:

April 30, 2008 | Filed Under Investment | 2 Comments 

Leverage Income: Make Money With Less Work


In my previous post, I talk about the key to passive income is assets. There are two other types of income I have not talk about. They are leverage income and residual income.

Leverage income is income derived from works performed by other people. The main key to leverage income is that you do little if any work to get money. You make money off of other people’s labor.

Leverage income can be extremely powerful. Imagine this . . . you developed an outstanding home - based business that is sure to work and anyone can easily do it.

You decided to sell your business idea along with its tools. After much deliberation, you decided to use an affiliate program to help you sell your business idea. (Also called a revenue sharing program or a partnership program, an affiliate program is a program in which you typically sign up with a merchant to sell or advertise their products and then they give you a commission based on the sales you generate.)

Steve stumbled upon your business online and joins your affiliate program. Steve has an associate in England by the name of Tom. Tom comes aboard and also joins your affiliate program. Through Tom’s effort, Chen in China joins your affiliate network. This cycle continues on and on.

Through your affiliate program, you have set in motion a chain of events that now has people working indirectly for you across the globe! Through each of your affiliate’s effort, you are getting a fat monthly paycheck without you doing any work.

This is the power of leveraged income. It is your effort multiplied over and over again and each multiplication is making you more money.

Here are some more examples of leverage income:

There are other forms of leverage income. Again, the main key to leverage income is you make money through other people’s labor.

Next time I will talk about residual income.

Related Post:

Article of Interest:

April 23, 2008 | Filed Under Investment | 2 Comments 

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