multipleincomestreams
It’s likely that you have one primary source of income — just like most people. It’s fine to have a single source of income. It can, however, be dangerous as well. How would you cope if your primary source of income dried up, or your job was lost? That’s exactly what happened in the aftermath of the pandemic, many people lost their jobs and were furloughed. This is whyhaving multiple income streams is so important. By doing so, you won’t have to worry about losing one income stream if another one runs out. Furthermore, Richard Corley, author of “Rich Habits: The Daily Success Habits of Wealthy...
ValueWalk
It’s likely that you have one primary source of income — just like most people. It’s fine to have a single source of income. It can, however, be dangerous as well. How would you cope if your primary source of income dried up, or your job was lost? That’s exactly what happenedin the aftermath of the pandemic, many people lost their jobs and were furloughed. The unemployment rate spiked in April after business closures and restrictions began in March 2020. By May, 23 million jobs were lost cumulatively. There hasn’t been a crisis as severe as this since the Great Depression. Suffice it to say, t...
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