Residual income (also called passive, or recurring income) is income that continues to be generated after the initial effort has been expended.
Compare this to what most people focus on earning: linear income, which is "one-shot" compensation or payment in the form of a fee, wage, commission or salary.
Contact "your full-time, overtime, anytime" OBX realtor today - that's me!
Comments (2)Subscribe to CommentsComment