Residual Income

Residual Income, also known as passive income or recurring income, refers to the earnings generated from investments, business activities, or assets that continue to generate income over time, even when active effort or work is no longer required. Residual income may result from rental properties, royalties, dividends, interest income, licensing fees, affiliate marketing, or other sources of passive revenue streams. Residual income provides financial stability, wealth accumulation, and financial freedom by supplementing or replacing earned income from traditional employment.