What Is Residual Income? 10 Residual Income Ideas To Build Your Wealth

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Residual income and passive income seem to be used interchangeably within the internet world.

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Residual income is an income that can be passive. You take the revenue you have created and subtract it from the involved costs. That is your residual income.

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Here are some ways you can create residual income for yourself.

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1. Investing in REITs is an easy way to create some residual income. You invest in some REITs and reap the profits at the end of each month.

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2. Many people have started blogs and created great avenues of income through these blogs.

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3. If you can teach someone, then building a course is a great way to generate some good residual income.

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Residual income is a way to create much wealth. Remember that residual income is the income and profit after all expenses are paid off.

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FOR MORE ABOUT THIS POST, VISIT RADICAL FIRE

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