In today’s dynamic economy, relying solely on a single source of income may not be sufficient to achieve financial stability and independence.
Step 2- Understanding Multiple Streams of Income:
Multiple streams of income refer to having various sources of revenue that contribute to your overall earnings.
These streams can come from different sources such as employment, investments, side businesses, rental properties, royalties, and more
The key benefit of having multiple streams of income is that it provides stability, flexibility, and the potential for higher earnings compared to relying solely on one source.