Someone once showed me that he was taking a month or two vacation away from work. Naturally I asked how that was possible. Surely no normal employer would permit someone to simply randomly take some months off. He went on to tell me about how he was making passive residual income and I was immediately hooked and had to have it.

First, I want to explain exactly what passive residual income is. Passive income and re-occurring income have a little different definitions.

Passive income is income that is derived from business happenings which took place previously. It means that the income comes even if you are inactive. It is income which comes without the persistent work. Residual income is income which comes in intervals normally every month or year after the original sale is made.

They're similar in definition except that passive income may not always be the same amount. For example, if you were to sell an information product, the sales from that product will vary every month. You might be paid continually year after year for one time effort or work (passive income) but the income will not be continually the same. (residual)

In this day and age passive residual income can be a huge comfort zone for both you and your family. What income would you rely on if you were to get laid off or got fired? You might always search for a new job, but lets face it, the overall economy has seen better days.

Not only will it offer you a piece of mind but it will also allow you to spend more time with your family and friends. Time is money right? Therefore if your passive residual income starts exceeding what you make at your regular job, you may begin to cut back on hours or even quit!

Be mindful not to do anything stupid and get caught up. It's always better to be safe than sorry and that's why I believe passive residual income to be a necessity for my life-style. Some people just are not made to live a worry free no time constraints life. Actually, many people need to have the 8-5 M-F job since that's the way it is, that's the way it always has been, and that's the way it is gonna be.

I say too bad for you. Passive residual income will allow me to set my very own schedule. I've the opportunity to sleep in whenever I want. Heck, I may even take several months off without skipping a beat!

There's also no limit to the amount of passive residual income I can make. The more projects I complete, the more passive residual income I am going to make. Many jobs have an income ceiling.

In summary, passive residual income will provide me more freedoms than a normal job. Freedom is a great thing. Not for everybody but certainly for me. Life with passive residual income such as network marketing is good.

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