Residual income is earnings that continue without ongoing effort, offering financial freedom and security beyond regular income.
Passive income is earnings with minimal effort, often from investments like stocks or digital products. It's about income without constant time exchange.
Real estate provides dual income streams: rental income (active) and residual net income (passive) after expenses. A smart strategy is key.
Invest in dividend stocks for passive and residual income, and reinvest for long-term financial security.
Residual income starts with effort, then snowballs. Passive income is low-effort and stable for financial security.
Generate income with dividends, interest, real estate, and peer-to-peer lending. Diversify for financial stability.
Residual & passive income key for financial freedom. Diverse investments for security & life design.