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Showing posts with label passive income. Show all posts
Showing posts with label passive income. Show all posts

Saturday, 4 April 2009

Why I love residual income!!

Residual income is a big part of some freelance writer's income. It is one of the main factors which encourages me to keep writing and writing!!

I will use Associated content as an example of how you can build your earnings up, as they pay $1.50 per thousand views initially.

Say you write one 2 page article daily for one year, this gives you 365 articles. If each of these articles gets viewed once a day then you get 730 page views daily. However this is incredibly unlikely and they are likely to get more than one view a day and may get as many as 10, which would give you 7300 views daily, giving you $10.95 a day and $328 a month. This is good going for only writing 365 articles. The chances are though some of your articles may get 20, 30 or even over 100 views a day!! Think what happens if you write for 2, 3 or even 10 years and increase your article count to 3600, the opportunities are endless.

When you write an article it is important to make it search engine friendly so that the search engines can find it easily. Additionally promote your articles on your blog, add them as a signature on forums and create back links for them. The more you promote the more page views you are likely to get and the more you will earn.

Read more on how to earn residual income from your articles

Monday, 30 March 2009

Helium.com puts more in my pocket daily than my bank account

Helium.com is earning me money day after day for page views on articles I have written ages ago. On calculation I actually realised I am earning more in revenue share from Helium on a daily basis than I am from my bank account interest. This is a combination of poor interest rates in the bank and greater readership and more articles at Helium.

Anyhow it is another example of the wonders of passive income. Passive income is basically income you earn from activities you are not currently doing any work on. For example a best selling author makes residual income on her previous books whenever they are sold. I love the idea of residual income and I know sites like Helium will continue to pay me for years to come for articles I submitted a year ago. It is indeed very satisfying.

My plan is to develop and multiply my sources of residual income in order to build up greater daily earnings for things I done a long time ago, then I can sit back and watch the money rolling in, well not quite but you get the picture.