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	<title>william voon &#187; royalty income</title>
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	<link>http://williv.my</link>
	<description>story in images</description>
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		<title>Active vs Passive Income</title>
		<link>http://williv.my/2008/06/active-vs-passive-income/</link>
		<comments>http://williv.my/2008/06/active-vs-passive-income/#comments</comments>
		<pubDate>Wed, 11 Jun 2008 09:06:04 +0000</pubDate>
		<dc:creator>William Voon</dc:creator>
				<category><![CDATA[Passive Income]]></category>
		<category><![CDATA[active income]]></category>
		<category><![CDATA[donald trump]]></category>
		<category><![CDATA[freedom]]></category>
		<category><![CDATA[microstock]]></category>
		<category><![CDATA[photography]]></category>
		<category><![CDATA[residual income]]></category>
		<category><![CDATA[robert kiyosaki]]></category>
		<category><![CDATA[royalty free photos]]></category>
		<category><![CDATA[royalty income]]></category>

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		<description><![CDATA[J. Paul Getty once said, "I would rather earn 1% of 100 men efforts rather than 100% of my own."
]]></description>
			<content:encoded><![CDATA[<p>Can your current paycheck set you free?</p>
<p>If you are to stop working or retire today, how long can you survive without working or without money?<br />
These questions have been pondering through my mind many years back while I was then an employee.<br />
After reading books like <a href="http://www.richdad.com/">Rich Dad Poor Dad</a> and <a href="http://www.whywewantyoutoberich.com/">Why we want you to be rich</a>. It make pure sense that we should start building passive income, aka permanent or royalty incomes. Take for an example of owning or inheriting a fully paid up house. When you rented it out, you are earning rental income whether you are working or not. That&#8217;s passive or ongoing income and it is making money work for you.</p>
<p>So if you are an employee or a self-employed, you are earning what we called &#8220;active income&#8221; which is temporary. When you quit, retire or something happen to you, the income also stop flowing in.</p>
<p>And when we grow old, who is going to feed and take care of us, our children or the government?</p>
<p>There are couple ways to earn passive incomes. One of it is to be a microstock photographer. You do the work once and it can generate money for you over and over again &#8230; provided the images can sell.</p>
<p>So if you are a photography enthusiast, start making money with your camera now. </p>
<p>Below are the links to the sign up pages of some of the top microstock agencies. Browse through it, who knows you might have what it takes to be a microstocker.</p>
<p><a href="https://secure.istockphoto.com/istock_signup.php?refnum=williv">istock</a><br />
<a href="http://submit.shutterstock.com/?ref=120757">Shutterstock</a><br />
<a href="http://www.fotolia.com/partner/200411190">fotolia</a><br />
<a href="http://www.dreamstime.com/res226324-free-images">Dreamstime</a><br />
<a href="http://www.crestock.com/61029/">Crestock</a><br />
<a href="http://www.bigstockphoto.com/?refid=4X7HvzFT6H">BigStockPhoto</a><br />
<a href="http://www.123rf.com/src_williv">123RF</a></p>
<p>Contact me if you need guidance. Good luck! </p>
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