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Thursday, December 4, 2008

What is residual income and why do you need it?

The general rule is that, residual income is the amount of income that an individual has after all personal debts, including the mortgage, have been paid. This calculation is usually made on a monthly basis, after the monthly bills and debts are paid. Also, when a mortgage has been paid off in its entirety, the income that individual had been putting toward the mortgage becomes residual income, assuming that is not wasted on other debts.

Ownership is the key when it comes to residual income. Writers understand how this works, as they can continue to receive residual income through published works. Royalties are residual income, and can be reaped from any project or work that is sold to the public at large. Owning a home business is earning residual income in the purest form. Investors understand this, which is why network marketing is the way that 100 million people will become millionaires in the next decade.

Conversely, residual income is often an important component of securing a loan. The loaning institution usually assesses the amount of residual income an individual has left after paying off other debts each month. If the individual requesting the loan has sufficient residual income to take on additional debt, the loaning institution will be more likely to grant the loan because having an adequate amount of residual income will ensure that the borrower has sufficient funds to make the loan payment each month. The more residual income you have, the greater your chance to get a secured loan, even in this tough economy.

Owning a home business with USANA will create this residual income for you. Residual income offers a variety of ways to earn, and it’s definitely something that should be taken advantage of. Want an easy approach to cash flow? Make residual income, and make it happen.

How do I earn residual income? The most effective way to earn residual income is by having a system that allows you, time and time again, to earn money by the efforts of others. USANA is that opportunity that you have been waiting for to earn residual income.

How does it work? With USANA, you are in business for your self, but never by yourself. Our team will guide you through the process of creating a big residual income using the efforts of the team. Imagine, the opportunity to have free time to enjoy your family, without having to worry about going to work. That is the essence of residual income.

How do I do it? With USANA, is easy! The only requirement with USANA is that you purchase a Business Development System (BDS) and that you activate either one or three business centers. Think of this as opening one store or three stores to the public.

Business owners know that to make money, you have to spend money. This is called overhead. If you own a big business, overhead can be overwhelming. Most people could not afford this type expense. With USANA, the only overhead you have is between $100 to $200 depending upon owning one or three business centers. The difference is that with USANA, you do not work the hours that you would if you owned your business.

To own three business in the traditional way, you would have to have three different overheads. For example, three electricity bills, three rent bills, three telephone bills and so on. With USANA, you only have one bill, this is called autoship. This autoship is only between $100 to $200 depending on how many stores, or business centers you open.

How do you make residual income with USANA? Time leverage is the key. With the efforts of our team,you will benefit of the immediate residual income phenomena. If you join our team, we will train you, help you and mentor you to your way of success, in a way that you will see how residual income works. It will take your commitment to success and the burning desire for you to achieve. DO YOU HAVE WHAT IT TAKES? Then join our team, for a business opportunity that you will not regret.

If you want more information, please visit our website www.karolynas.com or www.karolynas.usana.com for a more detailed information about the company. You can also visit www.joblezz.usana.com to see what some of the best people in USANA can tell you.

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