Various kinds of income and types

Various kinds of income

There are three kinds of income that can be grouped :

• Income from employment

Income is earned from employment with good work in the form of wages, salary, or salaries, etc.

• Income from capital

Income is derived from movable property and immovable property such as dividends, interest, gain on sale of rental property and the rights that are not used as business and many others.

• Income from business and other activities

Types of income

The types of income can be divided into three categories :

• Linear income

This income is directly proportional to the work we have given. An example is, an employee to work in the office, at the end of the month the employee receives a salary as a result of the work month. The former employee worked for a month, at the end of the month receive a salary, and so on.
This kind of income that a lot done by most people. Where noted, the income of this type is designed so that employees can live prosperous (rich). At a minimum, just enough to simply live.

Linear Income

If You Not Work

• Residual income

Residual income is a kind of royalty provided for the effort or hard work we did in the past. This income is usually obtained by a songwriter or a writer. Income is more promising prosperity and security, but should have advantages such as creating a song or write a book, inventor, or other fields that can produce this income.

Residual Income

If You Not Work

• Multiplication income

Multiplication of current income only in the direct sales (Direct Selling / Network Marketing / MLM / Affiliate Multi Linear). This income is given to the efforts / hard work you in the past but continue to evolve over multiplication performed by the network under you. So you not only get results from your own work, but there multiplication of income itself. Here you do not work alone but a team work.
At first, the multiplication is not a direct income can be relied upon to live. Some distributors are starting to build a market and the team direct marketers will usually get a small commission. in the first month. Then climb up little by little - in the second month onwards. Why is the income multiplier is safe? now let's say you pick the 500 team of marketers in your group that generates income of more than 20 million per month. This point you can retire, while still growing your network will result in double the income of self that next month will be greater than this month. And the income from this system can be bequeathed to our grandchildren.