Residual Income Opportunities

First we are going to define residual income. Others call it as passive income so we can expound our definition further. Residual comes from the root word of "residue" meaning left-over. With that definition, so we could say that residual income is a left-over income. 

Technically, residual income is the left-over of the income after payments were made to expenses and debts. It is very clear with that definition that what determines the liquidity of one's financial status is his residual income. There are those who are having negative residual income which simply means that their expenses are greater than the amount they are earning.

When it comes to passive income, it means that it is an income one has to receive to any activity that he is not directly involved with. A good example is when you receive payment for the rent of a space in your house that you lent to somebody. You are not working for that income since the income is derived from the rental for your house.

And this passive income is the sweetest of all types of income. It is so sweet to think that you are receiving money even if you are just sleeping or having a vacation. In this blog, we will be discussing different methods on how to take advantage of the internet so that we can earn our passive or residual income. So watch out for this blog to unfold and we will make money together with the residual income opportunities that are to be featured here.