Hey everyone, this is my first post for The Residual Income Challenge. I plan to blog about residual income opportunities, and I'll post my results and experience with each one. I have tried out many different online opportunities that produce little cash for a lot of hard work, so I am focusing my efforts on residual income.

For those of you who don't know, residual income is made by upfront efforts that continue to pay off for the life of the work. In order to keep myself on track and grow my residual earnings I decided to create the Residual Income Challenge.

Here's how it works. I will aim to make $.01 my first day and then $0.01 more each day for the rest of the month of June. At the end of the month, I should be making $.24 a day in residual income. Okay, I know that doesn't sound like much but stick with me. For the second month I will need to make $.02 more each day, and then $.03 more each day during the third month. I will continue at this rate, and after just 4 months be making $100 month in residual income.

Hopefully around this time, my blog will take off and help grow my residual income earnings. So the real challenge will be to make it 760 days which is just over 2 years, and my residual income will be earning me $100 per day!