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A Truth About Residual Income Sites

writers_retirement_moneyWe’ve been talking a bit about writing or not writing for websites that promise residual income.

Jennifer Mattern has put together the actual numbers based on her own experience and some reasonable projections.

The artilce is called Freelance Writers: A Real Look at Residual Income.

The other thing I’d add, and I might have missed in Jennifer’s article, is that if the site requires you to write x number of articles a month, you’re very likely to loose all the royalties if you quit writing per the agreement. I’ve had that happen twice now, and one site still has my articles up even though they’ve refocused the whole site.

The moral of the story is, as always, be sure you understand any and all contracts before you jump in.

You might be interested in the series that began with: Anne To Try Triond, Helium and Associated Content and in the article she recently wrote about Examiner.com.

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{ 2 comments… add one }
  • Thank you for this post and for linking to the other article, which I’m going to read in a minute. I signed up with a residual income site a couple weeks ago and just submitted my first article last night. I had no idea that they might take the earnings away if I didn’t continue posting on a regular basis. I’m definitely going to read the fine print before submitting any more articles.
    .-= Cindy´s last blog ..Review – Nutrition 101: Choose Life! =-.

    • Anne

      Cindy, it will depend on their contract… terms… not sure what they call it. Of course, most of the contracts have a clause that says they can change the contract… it’s not easy. OTOH, I write pretty quickly so I don’t always mind losing rights. Just depends.

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