The average tax return in 2012 was right around $3,000, and I’m thinking the average for 2013 will be pretty close to the same, if not more. While the typical tax return will probably be spent on big screen TV’s and down payments for vehicles, the non-typical know that they can use that tax return to earn them more money.

If you’re one of those non-typical minds, you probably already have an idea of what you’d like to do with your return. The options are almost endless. Should you invest that money in a traditional business, put it away for a rainy day, invest in the stock market or invest it into your current business?

Decisions, decisions.

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Many moons have passed by since the day I began my blogging career. Sometimes I wonder how things would have been then if I knew what I know now. If the Empower Network was around then, as Forest Gump says, I would be a “Gazillionaire” by now! Better late then never!

Which is the entire reason for this blog post. I want to tell you how you can build a residual income stream through blogging that will continue to pay you for years to come.

How to build a residual income stream through blogging

As you may already know, I am a blogger on the Empower Network, which is built around a multi-user wordpress platform. Building a residual income stream through blogging is extremely simple to do with the Empower Network, but without it, things can be a bit more complicated.

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This year my brother-in-law and I put in to be drawn for deer. Our state of residence is Arizona and having experience with hunting in certain areas, we put in for areas 27 and 28. Our first pick was 27, but it’s a coveted area, plush with deer. The hunt we were drawn for was November 2nd through the 8th in area 28.

Basically put, almost everyone who gets drawn for area 28, put in for area 27 as their first pick. So everyone in area 28 is pretty much a reject of 27. Sad but true.

The First Day of the Hunt was a bust

We setup camp in the mountains north of a small town called Ft. Thomas. The spot we chose is one of the better places in that specific area. In under an hour, would could hike to a saddle just south of us and have great visibility of everything on both sides of that ridge. We thought we would see something, if not get our buck.

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How would your life change if you could, at the drop of a hat, give yourself a raise? For most of you, a raise would mean that you’d be getting paid a little more per hour, or per year if you’re on salary. How sweet would that be to have that kind of control over your finances?

So let me rephrase the question a bit for you. How would your life change if you could, at the drop of a hat, give yourself a monthly residual raise?

Now before you answer that question, let’s lay out the difference between a regular raise and a monthly residual raise, and here it is….

One raise still requires your time while the other doesn’t. If you’re in a job, a regular raise will only benefit you if you continue to trade your time for it. You have to continue going into work everyday. A monthly residual raise is independent of your time. Whether or not you work at all this month, you’re still going to get that money the following month, and the month after that, and after that, and so on.

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