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Lineal Income - Working Hard for the Money!

Lineal income is the type of income you do not want to have coming into your budget. This income type requires the most manual labor, takes the most time away from you, and gives you a limited income.

In other words, if you have a job or are self-employed, you have this type of income coming in. Can you make a lot of money lineally? Yes, but you are limited in how much you can earn. Part of the reason why you are limited is because you are being paid by other people who are striving to be very wealthy when you have a job. Or, you are limited by only having twenty-four hours in a day hindering you in the amount of people you can serve in a day if you are self-employed.

When it comes to building wealth, this type of income is not the way to go. If you are ever away from work or can not serve other people while self-employed, you will stop receiving income. What happens when your income stops? You must dip into your savings (if you have any) in order to survive financially.

Learn more about lineal income and different ways you can use your income from work to your advantage.



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