Residual Income Defined
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Financial Coach and women and money author Camille Gaines explains what residual income is, and how you can have more. Residual income is extra income that’s left after you have paid all of your bills. The term residual income is often used in businesses, but now more people equate residual income with passive income.
Have you noticed how your time expands to fill any time you allocate to your project? Money does the same.
A great way to have more residual income is to create a spending plan where you choose how you are going to spend your money, and live from there.
Don’t think of it as a budget which breeds scarcity thinking.Create a spending plan instead.
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This is financial education only and is not to be taken as personal financial advice since everyone’s situation is different. Learn personal finance and investing basics so you can embrace and lead your wealth with confidence!
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Camille Gaines
Financial Coach
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All the Best,
Camille Gaines
#FinancialWoman
• Residual Income Defined