| Inflation and economic trends require families to have | | | | time to reorganize and consider their options. |
| two incomes just to stay even with their expenses. | | | | Everyone alive to day can appreciate the benefits of |
| It may be that, in the future, even two incomes will | | | | having extra income.There are two types of extra |
| not be sufficient. It is a good idea to be prepared for | | | | income. Linear income is extra income that is earned |
| bad economic times rather than to simply hope for | | | | on an hourly, weekly, or monthly basis. No future |
| the best and suffer if the best does not come. | | | | commitment from either the worker or the employer |
| Families should have multiple flows of income to | | | | is associated with this kind of income. Residual income |
| guard against facing an insecure future. It is very | | | | is income that results from working hard one time |
| important to have a source of extra income.Wealthy | | | | and reaping the benefits of this work for many years |
| people have always known that it is important to | | | | into the future. A single effort is rewarded |
| have more than once source of income. If one of | | | | repeatedly.Individuals receive linear income through a |
| their income sources failed for some reason, they | | | | job or profession. They earn only for the time that |
| always had fallback sources to carry them through. | | | | they actually work on a daily basis. Some people earn |
| People with ordinary, average incomes have generally | | | | a higher linear income than others. Smart people |
| faced problems if they lose just one source of | | | | typically attempt to move away from linear income |
| income. The loss has a dramatic impact on their lives, | | | | to residual income by obtaining extra income that will |
| and it can take years before things return to normal | | | | secure their future retirement. Individuals should begin |
| for them. Physical and emotional health can also | | | | by focusing on one residual extra income effort per |
| suffer as a result of financial uncertainty and | | | | year.The Internet provides many options for extra |
| stress.Having more than once source of income, or | | | | income, but individuals must be careful when making |
| extra income, offers a safety net. If one income | | | | a choice. There are many scams and get-rich-quick |
| source disappears, the others will still be there to | | | | schemes online that are not legitimate residual income |
| lessen the blow. Having extra income gives individuals | | | | streams. |