Creating a Stream of Passive Income

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 The world is full of numerous and diverse philosophies when it comes to making money. Of these philosophies, I would like to address one of them, residual or passive income. In my mind, residual income is the best form of long-term income. I will tell you why. For instance, if I were to author a book, I would be able to sell that book indefinitely. Even if the book was only semi-successful and I were to make a mere $5,000-$10,000 per year; that's more than I would've made had I not tried at all.

  

 Wikipedia defines residual or passive income as: An income received on a regular basis, with little effort required to maintain it. 

   

 Creating passive income is the most ideal form of income, but often takes much work and thought. Below, I listed some examples for you.

 Examples of residual income:

Books, Music Albums, Inventions, Videos, Guides, Games, Art, Websites, etc.

  

  All the examples given above are works that can be done once while you reap the benefits for years to come. Why work years and years and have your income stop once you stop working; when you could work for years and years and then continue making money from past endeavors.

  

  So why don't more people work to make residual income? The answer is simple. It takes work and time spent reading and researching. Most people are too busy with their lives and full-time jobs that they do not take the time to consider it. Some are also too lazy to to do the research it takes to be successful. Others just hate reading (most of the younger generations). If it doesn't have pictures, they can't read it.

   So you've probably asked yourself; can I do this? You probably even had a few ideas pass through your mind. That's exactly what this article was written for; to inspire and provoke ideas in the minds of anyone who reads it. Be creative and don't be afraid to try something new to create residual income.