There is an amazing opportunity now open for making a residual income online. There are so many options but to get a basic understanding of how a residual income works let us look at a simple one sentence definition:
A residual income occurs when you put out the effort once but are paid again and again thereafter.
Basically if you are able to set up a system that continues to work for you even though you do not put any extra time or money into it then you have it!