residual income – Legitimate Work at Home Jobs & Opportunities

Build a Strong Foundation With Residual Income

What is ‘residual’ income? It is income where you make a sale one time and it generates income on a regular basis going forward. Residual income can even be earned on multiple levels. For example if you refer someone to an affiliate program, you make a commission for a percentage of the initial sale. In the future when your customer pays their membership fees for the program each month, you earn a percentage of that as a commission. With ‘multi-level-marketing’ you may also receive a percentage of the commissions when your customer makes sales of their own.

So the idea is that you have income that continues to generate as a result of that initial sale for as long as your customer remains active in the program. This would also be true if you were directly selling a service, for as long as your customer continues to use the service.

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Work at Home to Supplement Your Income

It sure seems that wages don’t keep up with the cost of living as it soars year after year. Not to mention how it will become more difficult to live on social security and retirement savings as the cost of living continues to rise. So whether you are still working or have retired, the need for more money is an ever-present reality.

If you are receiving social security earlier than full retirement age, you can still earn money and only beyond a certain amount would it require a deduction in your benefits. If you have reached full retirement age, it won’t be deducted at all. Beyond what you would need to use to supplement your living expenses, etc., you could start saving whatever you don’t need to use.

If you are still working at a day job and just barely scraping by – or at the least have nothing left over to save after your living expenses,

Work at Home – Multiple Streams of Income

The concept of multiple streams of income is a very wise one that will give you some security. If you are just starting to work from home to build your own business, you should consider this because it makes so much sense on so many different levels.

Mainly the theory is that if you have different sources of income (for example different affiliate programs), that if one source is not doing so well one month, it won’t matter as much because you still have income from the other sources to tide you over.

Another aspect of this is that some affiliate programs pay lower commissions and only by virtue of sheer volume it adds up to a tidy sum; and/or it is also a good idea having commissions from other sources to create a more substantial income. This is how lots of different affiliate programs can work for you. At face value you may think you don’t w