This Article is About
residual income
learning the ropes
accounting system
affiliate marketing
members of the family
own business
time and money
tablet pc
Why I Want A Residual Income?
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Why I Want A Residual Income?

I work early this morning thinking about a new project happening at work. It has been decided that we need a new erp/accounting system as we have outgrown our existing one.

In a way this excites me as it is a large project that I can get my teeth into. It also got me to thinking about having my own business as a software consultant with the new application, based upon the information I learn during implementation of this software. That would be fantastic - or would it?

I started my affiliate marketing business a few months ago and have been learning the ropes ever since. The reason I started the affiliate marketing business was to have more time and money. Starting a software consulting business may give me more income in the long run, but it certainly wouldn't give me more time. Especially time with the family?

Customers, "God bless them", are a pain and can be very demanding and generally take up a lot of time. I want freedom of an income without being tired to customers.

More Time With the Family

Well, the affiliate marketing business means that if I want to get up early and do a bit of work while the rest of the family sleep. Fantastic. Working they way I want to work, when it suits me and not impacting on the other members of the family is the way I like it.

Ability to Work Anywhere

I also have a desire to pick up my tablet pc (Galaxy Samsung P1000 - which by the way is fantastic) and go and work wherever I want to. That's not possible if you have a job. How about sitting on a lafuma chair in southern France, (by the pool) updating one of your websites. Personally, I don't call that work :-)

Great Control Of My Income

The other side and the reason I started my affiliate marketing business was greater control of my income. At the moment my boss decides how much I get paid and therefore decides my lifestyle. Don't get me wrong, I'm well paid, but that still means I'm not in control of my income. If I want more money, then I simply need to do more work in the affiliate marketing business and because it is a residual income model, I continue to get paid months even years later. Now that's what I call residual income.

Better Stability for My Future

I'm now at an age where being old is not immediately around the corner, but I am past the half way mark. For this reason I need to think about the future. Affiliate marketing gives me the ability to generate a residual income long into the future. This does excite me. Yes, I need an income now, but I would also like to be in a situation where if my age or health start to fail, I don't need to worry about my family or my income. That is the reason I want a residual income.

I have a special thanks for the people at the Wealthy Affiliates University for the training and community and I wish them continued success not only for myself but also for the thousands of others who also want a residual income.


Street Talk

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