Multiple Income Streams

Personal Finance Side Hustles
1

I was reading something the other day that was talking about how most millionaires have an average of 7 income streams…

I guess most people rely on their salary alone as a source of income but reading this did make me wonder what the other six types of income streams were!

I’ve written a new article for the Emma blog about this. You can read it here: http://bit.ly/3cdYrti

The 7 types were:

  • Salary
  • Business Income
  • Interest Income
  • Dividend Income
  • Rental Income
  • Capital Gains
  • Licensing Income

Do you have more than one income stream? Or, are you working towards adding multiple sources of income?

1 Like
3

Woww making a few extra thousand a month is amazing! :star_struck:

What are set and forget referrals?

5

Interesting!

I guess the challenge for most people that want to earn a regular extra income this way is finding an audience big enough to sell to?