Residual IncomeWhat is Residual Income? Definition, Formula & Clear Examples
Residual income is the money that keeps arriving after the heavy lifting is done: a weekly royalty, a monthly rent check, dividends that roll in, or software that sells while you sleep. In short, residual income describes ongoing earnings that require li...
Tax, Accounting & Legal Tips for Residual Income Earners
Residual income, also called passive income by many, although they are different concepts, can turn a one time effort into ongoing cash flow: royalties, rental checks, affiliate earnings, dividend streams. Smart money management starts with structure, not luc...