Definition of passive residual income:
The definition of traditional passive income is "Income
generated with minimal work from your investments such as
interest, dividends, or real estate rentals." However in
this article we are discussing creating a passive income
online. Investment of time and money is initially required
to build a passive income online, then possibly minimal
The benefits of generating a passive income:
1. Make a strong initial effort to get your income started,
then do minimal work (or virtually none) thereafter,
resulting in earning more and doing less.
2. Freedom to choose when and where you wish to work.
3. Your passive residual income is not dependent on a 9-5
work week and can be generated 24 hours, 7 days a week.
4. Able to give yourself a pay raise whenever you want by
creating multiple income streams.
5. Create an unlimited amount of income - you are only
limited by your imagination.
6. Have more free time to spend time with your family,
friends or go on vacation.
7. Ability to give to charitable causes.
8. Create residual income for your future retirement.
Tuesday, May 15, 2012
Sometimes, less is more, and you just need something small to carry just the essentials around. For occasions like these, there’s the Ardium Smart Multi Pouch! It’ll hold your cellphone, credit card and cash, and even has a hole for easy access to earphones.
Available in 6 colours from Beyonce Fashion House, it’s 54% off now with the Milkadeal sale, so grab one for yourself while you can. Share this news with your friends too, so you get rewarded when they make a purchase via your link!http://my.churpchurp.com/farid5659/share/Ardium
Wednesday, May 9, 2012
Renoma bags, pretty pretty suited for everyday use! Choose from a large one to put all your daily things in, or a smaller one for quick trips outside. All bags come in 3 colours so there's one for everyone!
Let your friends know about these great bags and get rewarded when they buy through your link.
Many people dream of rubbing shoulders with their favourite superstars, but that’s not always achievable. Being a part of your favourite celebrity’s music video could be the next best thing though!
Enter The Sparkle Project. One of our favourite local artistes, Yuna is on a mission to create the world’s first music video created entirely on the Samsung Galaxy Note, and she needs your help. Share your ideas with Yuna, and they’ll spark illustrations and animations which will come to life in the video.
Get inspired now, and who knows; you could be making history with The Sparkle Project! http://my.churpchurp.com/farid5659/share/ProjectSparkle