Residual income is the money you have left after your bills are paid. Another term for it is discretionary income — fitting, because residual income is yours to do with what you want. Ideally, you’ll ...

When it comes to balancing your finances, the more money you have left over at the end of every month, the better. In fact, by ensuring that you earn more than you spend, you can build a path to ...

Become an expert in the fascinating world of residual income vs passive income. These aren’t just buzzwords, they’re gateways to a life of disposable income, allowing you to explore the world on your ...

Meredith Dietz is Lifehacker’s Senior Staff Writer. She earned her bachelor’s degree in English and Communications from Northeastern University, where she graduated as valedictorian of her college.