Residual Income May Be Closer Than You Think!
Have you ever listened to a dripping faucet? It has a slow, methodical rhythm that; although it seems very insignificant, eventually will be enough to overflow a bucket placed below the leaking. If you can discover a method to draw in cash flow into a money market account, you will slowly build an account that as it grows; will compound.
The first step in this process is to replace the faucets that you have with glacier faucets. You can also check out glacier bay faucet reviews here and see for yourself how effective these faucets are and how they save you a lot of money in the long run.
Some people have many leaks and have many buckets below their leaks. Sometimes, there is a lot of water that accumulates in those pails before they are dumped out. The leaks will drip until there is no more water dripping.
Residual income can be compared to a leaky faucet. If you set up an account somewhere that allows you to be paid every time someone views your product; it doesn’t matter how long it takes for millions of people to view it; it simply accumulates slowly.
Now, in the event that you have taken the time to put your residual income into a money market account, you will get interest on the pennies that you are putting into it. There is definitely ‘power’ in a penny, just like there is power in a leak.
If you have read my article, ‘The Power of a Penny’, you are already familiar with compounding. If you have not read it yet, you should take the time to read it. You can go to the side of this article and locate the link that takes you to my other articles. The Power of a Penny is an article that I have written previous to this one.
I compare the concept of compounding and residual income to a simple faucet. You’ve probably heard the sound. Drip. Drip. Drip. A drip fits into one seemingly insignificant facet of time. The length of time that it takes for one drop of water is one very small shred of a moment. A drip moment can compare to a deposit into a money market account and can be considered an identical moment repeated over and over.
You know, unless you repair the faucet, it continues to drip. If you have rust in your water, it will stain your sink as a reminder that you have a leak. If you have a money market account connected to a residual account, you will be able to see the statement of your gradual earnings.
The amount, if you leave it alone, will only grow. It will grow, and grow and grow. Just like the bucket of water. The key is ‘leave it alone’. Let it grow. Let it accumulate.
Think about it: it accumulates one drip at the time, or one penny at a time. If you are a writer, you can write stories or articles that earn you an income. It takes a lot of time, but, someday, you will appreciate how little effort it took to achieve success.