Residual income is a type of income that continues to be generated after the initial effort has been expended. It is often considered a passive form of income because it does not require ongoing work to maintain it. Residual income can be generated from a variety of sources, including rental properties, dividends from investments, and business ventures in which a person does not actively participate.

There are several reasons why people may want to pursue residual income. One reason is to diversify their income streams. By having multiple sources of income, a person is less reliant on any single source and can better withstand financial setbacks or changes in circumstances. Additionally, residual income can provide a sense of financial security and can help to reduce financial stress. It can also be a useful tool for building wealth over time.

Overall, residual income can be an important component of a person's financial plan, helping to provide a stable and consistent source of income.

In this episode I get into why everyone should focus on building a residual income and simply put: because we all have residual bills. 

Some of the companies I mentioned are listed below.

Trip incentives for your prospects: 
SmartSolarRep.com 

My Solar Business Video presentation 
Opportunity.Solar 

Solar Business Sign up Link: 
https://powur.com/jc.rangel/join

Credit Repair Company: 
CreditBrokers.com 

#ResidualIncome #PassiveIncome #FinancialFreedom 

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