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. Of course you’d choose the latter.
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.
Therefore it goes without saying that in order to build wealth, you need to tap
into RESIDUAL INCOME.
Very often, this is also referred to as “PASSIVE INCOME”, because you could
afford to be passive or non-active (i.e. not having to work) and still continue
to receive income.
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. Like the
majority, you have been brought up to have only one major objective in life –
JOB! Incidentally, if don’t already know, to many, JOB stands for “Just Over
Broke”.
You work hard in schools so that you could get good grades to advance to
colleges and universities where you work even harder so that you could get a
good and secured JOB. Once you’ve got the jobs you want, you continue to work
very hard in order to maintain them and to climb the so-called organizational
ladder of success.
As a result, many have fallen into the trap of the RAT RACE and you know very
well you can’t afford to stop because if you did, so would your income!
Online Business Tips, Tricks & Techniques
http://online-business-t3.blogspot.com/2006/08/for-those-who-are-really-sick-of-\
their_06.html
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