What is Home Based Income � and more importantly will it help you in your goal for creating wealth, for reaching financial freedom?

More and more today you hear of people telecommuting (or working away from the office via telephone or internet), video conferencing (basically talking over the internet via live video, allowing them to meet face to face without having to travel) and having the flexibility to be able to spend a day or two a week being able to work from home.  Usually, the majority of these situations refers to an employment situation, where the company is able to increase productivity, efficiency or reduce their expenses by incorporating one or several of these types of situations.

This, however, is not the type of home based income I�m referring to.  In particular, working for someone else is not a great strategy for creating wealth.

The type of Home Based Income I�m referring to for creating wealth is income from a residual income business that you build from home, as in a business that can produce passive income (income you no longer have to work for).  This kind of business is not like that of a traditional brick and mortar type business where you need to have a retail shop or kiosk, though nor are we talking about some kind of �lemonade stand� business either.

A residual income business where you can create home based income does not set you back hundreds of thousands or even tens of thousands of dollars to setup to be able to turn a profit; on the contrary, you could get your home based income business setup and operational the same day you complete the application and in many cases may even be able to turn a profit that same day.

So as you can see, there are many advantages for creating wealth via a residual income business, such as the low cost of entry just mentioned, the ability to set your own schedule, determine how much you want to make and who you want to work with, no employees, and virtually no overhead (a marketing website for example � nothing compared to traditional business overhead!) among other things.  It�s no wonder so many people today are choosing home based income as a way for creating wealth, either as a primary income source or as a secondary supplemental income source.

Thank You

Scott Price