The Difference Between Linear Income and Residual Income

Directions are instructions given to explain how. Direction is a vision offered to explain Why – Simon Sinek

The Difference Between Linear Income and Residual Income

Linear Income: More than 90 % of individuals all over the world are accustomed to the income called Linear Income: trading time for money. For that reason they are not and never will be financially independent. Linear Income, also known as work income, suggests you receive a paycheck based upon just how much work you do. You have to put in certain variety of hours weekly. When you stop working, your earnings stops. Linear Income requires continued work.

Residual Income: Residual Earnings is different. It is the most powerful and successful income. Residual Earnings is the earnings of the rich. It gives income that keeps coming at a regular interval, from work you have already done – meaning even when you are not working. Recurring Income is not about “get rich fast” – the principal very much misinterpreted by lots of people. It requires effort, determination, particularly in the beginning … and time for the magic to begin working.