Residual Income Stream - Are you curious about building residual income streams but didn’t know where to start? Perhaps you’ve heard the buzz about creating passive income but didn’t know what it was?

Building residual income is simply the knack of finding business opportunities that continue to generate income each month almost automatically. Unfortunately finding genuine ways to generate this extra income isn’t always as easy as it sounds.

The point of building residual income is to find ways to keep money rolling into your account every month on autopilot.

There are plenty of ways to build residual income yourself if you have a little time and some patience. You can either focus on creating one type of passive income or you have the option of mixing and matching several types that suit you.

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Insurance agents receive passive income in the form of trailing commissions. They are paid a small amount of commission every year once a client renews an insurance policy. This can add up to a substantial income over time.

Many network marketing companies pay their sales consultants recurring commissions from customers when they reorder products every month. Musicians also receive residual income called royalties that are earned each time someone buys a CD. The same royalty payments are also earned by artists and writers selling their art-work or novels.

A great example of creating your own passive income is royalties from ebook sales. You write the book just once and then you can potentially keep receiving income month after month as sales continue to rise. This kind of passive income can continue bringing in money for years after you’ve completed the initial work.

If you don’t feel that you’re able to write an ebook yourself, you could pay a ghost-writer to create your ebook for you and then you can continue to profit from the residual income it generates year after year.

Another way to create residual income is through paid advertising options, such as the advertising units offered by Google Adsense or Adbrite or Bidvertiser. You simply place the ad coding on your website or blog and the ads are automatically configured to match the keywords you have on your site. Each time a visitor clicks on one of your ads your account is credited with cash.

Each of the examples to build residual income streams above have dealt with very creative endeavors so far – but did you know it’s also possible to generate your own income stream using wise investments?

A great example of this is a wise investor who buys a rental property. It’s important to figure out how much the repayments and associated management costs will be and then find out if the rental income you charge will be higher than this amount. If your rental income is higher than the costs of owning the property, then the profit is a true residual income each month.

Other investors have also learned that buying well-priced stocks for the dividend yield can also create residual income year after year. The object here is not to focus on the share price, but instead to focus on the dividend income you can earn on your investment.


There are many ways to build a residual income stream that could potentially replace your income from your day job. The choice you need to make is to decide which option suits you!