Wednesday, July 29, 2015

Passive Residual Income vs High Salary Jobs

Passive Residual Income Is Better than High Salary Jobs

Many people strive to do well in school and graduate in order to have a chance on landing high salary jobs. What most don’t know is that if the aim really is to make money, then knowledge about passive residual income is more important. However, this realization doesn’t come easy to a lot of people as “real” day jobs are their comfort zone. Especially those who are getting huge monthly paychecks that give them quite a comfortable life, passive income doesn’t really matter to them anymore. 

Passive residual income simply explained is income generated even without you having to be present or working on that job. This is totally legal and not evil at all. It is, in fact, very common among the world’s richest. Why do you think these people have all this money and manage more than one company when your one job takes all of your time? That is probably the biggest struggle of those with high salary jobs. Every time they are presented with opportunities of passive income streams, they would right away think that they no longer have time and having to sacrifice a little more time might put a risk on their jobs and even on their personal relationships. What these people do not realize though is that once they have managed on getting regular passive residual income, they can already sleep in all day and all night, go on cruises and vacations, and so much more while still earning money. 

If you are into a networking business or perhaps you are an entrepreneur who wants to establish a new business and looking for new investors such as your friends with high salary jobs, do not offer them the concept of passive income in figures yet. Explain to them first how passive income wouldn’t really require too much of their time and eventually, it wouldn’t even require any of their time at all. Tell them about the possible success of the business, which would require very little investment and their personal time and the continuous passive income streams it could bring to them. 

While some people’s minds remain closed about going into business, there are many who just need proper explanation on how passive residual income can actually be beneficial to them. They need to be informed on how one day, their high salary jobs, no matter how stable it may seem, can be gone in an instant. How can they manage to continue living comfortably or just maintain the same lifestyle they have once this job is gone? Most high salary jobs are for managerial positions as well and having to apply to another job in the future may not be as easy as it was when you are fresh out of school looking for a rank and file position. Having just one source of fixed income, no matter how big it may be, is still not as good as having a passive income source because if that one source fails, then you may be left with nothing.

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