“Earn big money from home.” “Be Your Own Boss!” “Everyday is take-your-child-to-your-work day.” “Discover how and why we walked away from our six figure jobs.” “Passport to wealth.” These are but a few of the catchy taglines we see everyday on the streets and all over the internet. They talk about jobs that require only a computer, an internet connection and a little amount of your time and voila, it will readily earn you big bucks! These jobs promise us a lifetime residual income that would eventually afford us to sit back and relax while waiting for our money to come in. They boast of not having to exert too much effort or overwork ourselves anymore, just to earn extra money and make ends meet.
The established definition of the phrase lifetime residual income is one where the cash flow continues after your initial effort or labor to earn money. Examples of this are rentals of properties, royalties from patents, network marketing and more popularly these days, the Internet marketing. Of course, not everybody has the talent to write a best-seller that would be made into a movie and earn royalties. And not everybody has the capital to build a chain of apartments or condominiums that would generate sure money every month. (more…)