For each $10,000 more made per year, you can add $4/hour to your hourly rate of pay. I can almost guarantee you that if you follow this type of system to make your money, you will have a very difficult time becoming wealthy.
Everyone has heard of diversification, especially when talking about finances. If you choose stocks, you are told to diversify. Why? Because it is too risky to put all your eggs in one basket – this is simple logic. And yet, if you look at most people today they almost always have “all their eggs in one basket”.
What I’m talking about of course is most people have only one way of getting income: their job. 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. It keeps coming and you don't have to work for the government. Another example is a royalty paid over the rights of an invention or a song. You keep receiving income for that song and you don't have to keep singing every time to collect. The best way to build your financial freedom is by securing residual income from many sources.
This eBook will directly outline the proven and tried methods to achieving residual income through real estate!