Residual income is what you are referring to most of the time when you earn money online via services such as AdSense, paid reviews, affiliate marketing etc. It’s nothing but a type of passive income – just like interest on deposits or rental income – except that the risks associated with the same is quite high and you don’t necessarily keep getting similar monthly checks every time.
A regular income, on the other hand is something that’s generated out a permanent job, a government service or a long term contract. There is probably less risk associated with this approach and by far it is the most efficient way of planning your expenses and meeting them effectively. The topic under discussion in today’s post though is how residual income streams and regular jobs can differ and why regular jobs win almost all the time in derisking your life.
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Earlier I used to write more about this particular topic in this blog, though of late the focus has been shifted more towards my current interests. This post is more like a summary of what I have touched upon in the past. This is also an open reply to a couple of emails that I have received on how to
Get paid to comment on blogs
Last month I had written a post on Freelance Content Creation Opportunities which talked about a number of ways to get paid online for writing content. One of the categories that I did not cover in that post is about getting paid for commenting on others’ blogs. This is again a work from home money making opportunity for those who don’t have a website or blog.
Why would somebody pay for commenting?
Normally, anyone would guess that more comments means more popularity and traffic for a blog and hence a blogger who pays for commenting wants to make his blog more popular. While this is perfectly true, there are ‘temporary’ blog content where posts written or rewritten and the associated comments are captured for the purpose of larger scale marketing later. [Read more...]