Tag Archives: multiple

Passive Income – Residual Income or Multiple Streams of Income

Multiple streams of income

Which one of these three do you think that is the most important? All of them! They differ from each other slightly but all of them are important and necessary. I will explain in this article the difference and some examples for you to understand how valuable they are. I. Passive income is to receive money while you are not actively working on the business. There are many ways to do this. The following are just a few examples: 1. Own rental properties.2. Own vending machines.3. Set […]

More info

10 Top Ways to Create Multiple Streams of Passive Income

Multiple Streams of Income (1)

What are multiple streams of passive income in the first place? It is simply a method to get money from different sources without actively working for it. This is not free though. As you may already know, nothing is free. But it is one of the best ways to make enough money to live as you please. The idea is simple. You make an effort once and you get paid based on that effort until that stream of income dries up. You don’t worry about it because […]

More info