As a child, when I heard the phrase, “Money doesn’t grow on trees,” I was always tempted to reply, “Yes, it does. It’s paper and paper is made from trees.” As I grew older, I found that, yes, you can grow money trees.

The lure of a money tree is that the money grows without you having to do anything except harvest it. The main effort is in the planting and care of the seedling. After that, you just let it grow.

What are we talking about when we say money tree. In financial terms it’s called residual income. That’s income that you do the work once and the money keeps coming in afterwards. A writer writes a book and receives royalties for years. If you’re lucky enough to have an oil well on your land, you would receive royalties.

While you are off on vacation, the money keeps flowing. While you sleep, the money keeps flowing.

So, if you’re not a writer of a best seller or own land with an oil well, what can you do to plant a money tree? For most people, starting a home based network marketing business is the best way for them to create residual income.

Most network marketing opportunities give you the opportunity to make money off of your efforts and also the ability to leverage the efforts of others to make money. As you introduce people to the opportunity and they start to grow their money tree, your tree grows as well. They can work while you are on vacation and while you are sleeping.

Of course, you need to do the planting and provide care for the seedling business as it grows but, it will reach a critical mass where it takes off on its own. All the while, you can reap the benefits of the fruit from the beginning.

Why don’t more people do this? In my opinion it comes down to one word – belief. If they don’t believe that the reward will come to make the effort worth while, they won’t do it.

Do you now believe that money grows on trees or don’t you?