What’s Another Name for Passive Income?

Quick answer: Passive income is often referred to as residual income or recurring income. These terms describe money earned with minimal active effort, such as earnings from investments, digital content, or automated apps. Understanding these terms helps you explore multiple ways to build consistent revenue streams.

Residual Income

Residual income is the most common alternative term for passive income. It represents money that continues to come in after the initial effort is complete. Examples include:

• Royalties from books, music, or videos
• Dividends from stocks or ETFs
• Rental income from property

Recurring Income

Recurring income emphasizes regularity, often on a monthly basis. Subscriptions, membership platforms, or automated earnings from apps fall into this category. The key is that once the system is set up, income continues without constant active work.

Other Terms Used

Some other terms used interchangeably with passive income include:

• Automated income – Earnings generated by systems or software without active involvement
• Residual cash flow – Highlights the ongoing nature of the income
• Side income – Refers to extra earnings beyond your main salary, often part-time or passive

Passive Income Apps

For beginners, small-scale passive income can be generated using apps. Honeygain, for example, pays you for sharing unused internet bandwidth. The app runs in the background, providing a steady, automated revenue stream.

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How Understanding the Terminology Helps

Knowing these alternative terms allows you to search for new opportunities, compare strategies, and structure your income streams effectively. Whether you aim for residual income, recurring income, or automated apps, diversifying sources strengthens financial independence.

Conclusion

Another name for passive income is residual income or recurring income. Both describe money earned with minimal ongoing effort. Using a combination of investments, digital content, affiliate marketing, and apps like Honeygain can create a diverse portfolio of passive earnings. Start small, stay consistent, and gradually scale your streams for financial stability.