RESIDUAL INCOME – PASSIVE INCOME – CASH FLOW
How do you make residual income?
What Is Residual Income & How Do You Make It? | SoFi
Residual income can be increased through various methods such as real
estate investment, passive income streams, and stock market investing.
Other options include affiliate marketing, freelancing, and selling
items on online marketplaces.
What is passive income vs residual income?http://www.SBA.GOV. com
Passive Income vs. Residual Income: What’s the Difference?
Passive income is money earned from an enterprise with little or no ongoing
effort. Residual income is not exactly a type of income but a calculation
determining how much discretionary money an individual or entity can spend
after paying their bills and meeting their financial obligations.
What is the residual income?
Residual income refers to the money you have after you’ve taken care of
ongoing expenses like your mortgage, credit card bills, utilities, groceries
and car payments. This extra money can go toward things like investments,
debt payoffs, savings or even a vacation fund.