Residual Income Is Good For You

Many people want to achieve financial freedom. While having financial freedom doesn't necessarily mean that you are rich, it gives you the freedom to do whatever you want with your life.
By having financial freedom, you can choose whether to work or not. You don't have to work if you don't want to.
Even if you work, it's up to you when to work and what to work on. You have the power to choose.
To achieve financial freedom, a good way is building your residual income. That allows you to do the work just once upfront, but you can keep earning the money for months or even years.
If you work on building it early, you will at some time reach a point in which you earn more than your expenses. That's the point where you achieve financial freedom.
One way to build residual income is through your investment. Many types of investment pay dividend or interest.
You just need to put the money once and you can keep earning the dividend or interest. So we can say that the money you earn is residual.
But investing alone is not enough to achieve financial freedom. It's important that you also work on other sources of income.
Writing books is a good alternative. By writing books, you do the work just once upfront, but you can continually earn the royalties.
For this to work, your book should be timeless. If it's timeless, it will be relevant for years and you can keep earning the royalties for long time.
You can also sell subscriptions. You need to do the selling work just once upfront and you will get commission from the subscription fee.
The nice thing about subscription is you can keep earning commission if the subscription is renewed. That's recurring income for work that you do just once.
There are still other ways but I think what I have shared above can give you some ideas.

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