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MoneyDeals4U Home Business Related Blog

Wednesday, October 24, 2007

Do You Know The Two Ways To Earn Money Online

In this article we are going to talk about two different ways to earn more money online. This would be linear and residual income. If you do not know what that means read on.

The days when a family could survive on a single income are over. Have you ever watched the oldie T.V. show "Leave It To Beaver?" Today June would be out working with Ward to take care of the Beaver. Sadly they both might be working and Ward would even take on a second job just to maintain the lifestyle they have. Inflation has done this to our society.

Today inflation and economic pressures have made it so that two incomes come in and go out just as fast. This does not paint a very rosy picture for the future for many people around the world. Because a person can only work so many hours a week before dropping from exhaustion the Internet is helping people earn more money.

Stone Evans of the Plugin Profit Site credits a book on "How To Create Multiple Streams of Income" as the driving force behind starting his own Internet home business. Multiple streams of income just means that when one income dries up there is something to replace it. Ordinary and average people are always one crisis away from financial ruin unless they take charge and protect themselves.

So how do you do that on the Internet and what does linear and residual income mean?

Residual income is an income where you do the work once and get paid over and over. Network marketing is a form of this. Selling insurance policies can be residual. Selling online memberships like web hosting, niche marketing, and others are a way to get paid next month for a sale you make today.

Linear income is an income you earn on an hourly, daily, weekly or monthly basis. This is usually a job for most of us. It might also mean today that many people work at home for their employers and use the Internet to do it. TJobs.com is one website that matches employers and workers.

Selling stuff online can be linear. You make a sale and you get paid. The only way to make more money is to make another sale. Affiliate marketing is a form of linear income, although it can be residual if you join 2 tier programs and recruit affiliates to get paid on their sales.

The Internet offers many ways to make extra money. It really can be a way to create multiple streams of income and fight off inflation. You just have to decide if you want to pursue, residual income, linear income, or both.

About the Author
Tom McMullen
writes articles related to home business
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