Online Earning 9 - Your Monthly Residual Income

 Have You Though About These? 

• Work, Work, Work, Work but what is your pay? 
• Income – Expenditure & Liabilities = what is left? 
• All Work and No Play Makes Jack a Dull boy?? What about you? 
• All Play and No Work Makes Jack a Mere Toy?? What about you? 
• WORK + Time = Income = Family Fine. But is there time for you? 
•  Required More Income à Require More Work + More Time. Do you have it?

   After all that you have done, earned, gave, spent, etc., what are your left with? Time? Money? Freedom? Satisfaction?

Somehow, many a times these questions and more do arise within us and I believe that many will agree with me that “we catch ourselves in a situation that we are not happy with or we feel that we are machines programmed to just do the daily and monthly duties”, just like one my dear friend once said, “as though we are not human beings but we have become HUMAN DOINGS”

End of the day, what can we do about it? Is there way or an answer to the questions above?

 

I believe there is!! Check your income and ponder your ways.

Wait a minute, Have You Though about a RESIDUAL INCOME??

What is a Residual Income?

The English dictionary gives us some of the most common synonyms for the word “Residual”; they are Remaining, Outstanding or Left etc.

Definitions: The three most common definitions are,

• In Relation to Banking/Mortgages/Loans etc., any amount of money that is left with a person after his or her monthly expenditures, liabilities or payment towards housing costs and the basic taxes.
• In Relation to Income, any additional amount of money which is earned apart from the main monthly income through assets, which are either owned or just owning a percentage of ownership (stake) in other assets or business that provide you profit sharing, dividends, etc. 
•  In Relation to Passive Income, any income which is generated by providing minimal yet regular contribution and does not require your full-time involvement. In the long run, sometimes this type of income does not even require a person’s least involvement as well but continues paying an average income to the person. Some options or synonyms for Passive Income are “online revenues (from internet/websites), SIPs, rentals, royalties, other dividends etc., are a part of the options of passive income. 

So, please don’t waste your time when you have it and do your part in generating a residual income, while you could.

There are many out there who need help but will not sit for a few minutes to think about their own benefits. 

They are just in their own world and they feel “who cares?” You know what? Doing so, they will stop not only themselves but also couple of others from achieving.

Think about it!!

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