Residual Income Explainer

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Hi there, have you ever heard of the term residual income? If not, don't worry, because in this short video, we're going to explain what it is and why it's important.
Most people earn money through a traditional job, where they trade their time and skills for a salary or hourly wage. But the problem with this type of income is that it's not very flexible, and it can be difficult to build wealth or achieve financial freedom.
That's where residual income comes in. Residual income is money that continues to come in even after the work has been done. It's like earning money on autopilot
There are many ways to earn residual income, such as through real estate investments, rental properties, or creating digital products like e-books or online courses.
The great thing about residual income is that it can create long-term wealth and financial freedom. Instead of relying on a paycheck from a traditional job, you can create a source of passive income that can continue to grow over time.
So, if you're interested in building wealth and achieving financial freedom, consider finding ways to earn residual income.
I hope this short video has helped you understand what residual income is and why it's important. Thanks for watching!