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Value of Residual Income
When you make money, but there is no direct connection between your current income and the work you do - you are receiving residual income. This kind of money is generated with the help of assignments (like sales) that are repeated on a continuous basis. For instance, affiliate marketing is an example of this, as it involves the process of an individual placing ads for a product that is situated on a parent Internet site. When a client activates an ad on the affiliate's site and purchases the product - the affiliate receives commission. This is a procedure that continues to take place over time. When an affiliate is linked to more than one parent site, they soon experience a growth in residual income.
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