Residual Income thoughts.
If you are earning residual income each time you add income your are getting a raise. I like to think of it as freeing up more of my time each week, month and year. For example if I earn $300 a day and I increase my residual income $300 a month then that is one less day I have to work each month.
Do you know how much you earn each hour, day, week and month? Do you know what your rent or mortgage costs each day? I think about residual income and compare it to my expenses as well as how much time it frees up for me.
Maybe rental properties are you way to residual income, maybe something else. For me it is web hosting with RiptideHosting.com.