Most people have ONE paycheck that goes into a bank and then comes out of the bank for a variety of fixed expenses. The only diversification in this picture is the number of ways the money flows OUT of the bank! If your cash flow fails due to sickness or inability to perform the given tasks, you will lose all of your assets.
So, what’s better than linear income? Why it’s residual income of course!
Residual Income is income that keeps coming in month after month, year after year, from work you do just once. An example of this is income received from stocks or government bonds or real estate.
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