A residual income opportunity allows you to get paid over and over for doing your work one time. Linear income is where you trade hours for money. In this article let's look a little closer at both of these income types to determine which is the best way to make money today.
The Internet has changed everything when it comes to making money. In the past you could earn residual income in various ways, but it was hard for the average person to do.
For example if you were a writer you could write a book and get paid over and over every time somebody purchased it. You could start your own real estate investing company, purchase real estate, rent it out on a monthly basis, and over time develop a positive cash flow for your initial investment.
Linear income means you only get paid when you work. This is the normal way that people make money. They work 40 hours a week and are paid an hourly rate or a salary for their time. As long as they show up and go to work they continue to get paid.
The downside to this type of income is if something happens you no longer make any money. For example if you are in a car wreck, and are unable to work, your income stops.
What we've seen happen over time is that the incomes people earn going to work have not kept up with inflation. So where we used to have a one income family, we now have both spouses working.
Depending on your monthly bills, we are now seeing to both spouses work, and another one taking a part-time job just to keep up and pay the bills. Although this is necessary, it is probably the biggest downside to linear income. You have to continue to work harder just to keep up.
Today the Internet makes it possible for you to create a residual income and get paid over and over for doing your work one time. Network marketing is an example of a residual income opportunity
Affiliate marketing is another form of residual income when you join 2 tier programs. You can get paid on the efforts of the sales of others as well as for the sales of yourself.
You can learn more about a residual income opportunity on the Internet, but the key thing to understand is that you are building a life long income or a walk away income. This is much better than a linear income because it allows you to get better control of your future.
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