Michael Caine (the actor) said, "The way to become rich is to have something that makes you money EVEN WHEN YOU'RE ASLEEP." < Residual Income
Residual Income is when you work once but continue to get paid over and over again from work you're no longer doing. Residual Income. That's a fancy term for a 'recurring" stream of income that continues to flow whether you're there or not.. Investing in or creating true assets that provide Residual Income for you is your ticket to wealth. To gain financial freedom you need this cash flow from 'Residual Income'.
To put it simply, Residual Income is income that continues to generate money for you even when you have stopped working. Residual Income is financial freedom with real financial security.