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Common Types of Residual Income
Residual income is money that continues to be earned after the initial effort has been made. Unlike active income, which requires ongoing work to generate earnings (like a salary or hourly wage), residual income keeps coming in with minimal ongoing effort.
Common Types of Residual Income:
- Investments: Dividends from stocks, interest from bonds, or rental income from real estate.
- Business Ownership: Earnings from a business where you are not actively involved in day-to-day operations.
- Royalties: Income from books, music, patents, or other intellectual property.
- Affiliate Marketing: Commissions earned from promoting products or services online.
- Online Courses & Digital Products: Revenue from courses, eBooks, or software that sell repeatedly.
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This site is not a part of the Facebook website or Facebook Inc.
Additionally, This site is NOT endorsed by Facebook in any way. FACEBOOK is a trademark of FACEBOOK, Inc.
I am an independent ClickFunnels Affiliate, not an employee. I receive referral payments from ClickFunnels.
The opinions expressed here are my own and are not official statements of ClickFunnels or its parent company, Etison LLC
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