Why Create True Residual Income?
Q. Why should we have residual income?
A. Because we have residual bills.
What is true residual income? Residual income is like writing a book or song and reaping the reward every time it sells. You do something once, and continue to benefit from it.
True residual income means it is going to come in month after month because of the effort you put in up until that point. You are not starting at zero when you begin a month. Your residual income starts the next month the same as it ended. It is not like cashing your check at the bank on Friday and starting at zero on Monday.
The big question is HOW to create this true residual income.
In order to have true residual income you must be assured that what is creating your income will continue to create it month after month. It is not just a one-time sale. It is like an insurance agent. He sets up your account once and then every month when you pay your bill, the company pays him a commission. Most likely once you set up an insurance account, you will stick with it, so he is pretty safe in counting his commissions on you each month.
True residual income can be very rewarding. The problem arises when people are looking for instant gratification. Creating a high paying residual income takes time. The good thing about that though is that you are in control of how fast you create the income you want. You can steadily build an income working part-time.
Besides residual bills, why would you want to have residual income?
True residual income not only gives you a stable income that you can count on each month, but it gives you freedom. You become free to choose how much and when you work. You can live life on your own terms.
Earning an income is not just about making money, but it is what the money allows you to do. Also, it is best when you can enjoy the people you love and the things you enjoy doing. Being able to live and enjoy life - this is freedom!
We all have residual bills. Bills come to us every month whether we want them to or not. So, why not consider having residual income as well? It makes sense! True residual income creates security, gives you options and gives you the freedom to live life on your own terms.
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If you would like information on how you can create True Residual Income, fill out the form to the right and we will be in touch.
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