Diversify your income
So you say you want the freedom to earn a 7 figure salary, work 4 days a week and trot around the globe? You’re not alone. And your dreams don’t just have to be dreams.
You've probably heard of people who have a "side hustle" or additional job on the side. A lot of them do it just to make ends meet, but others like me don't want their time working for someone else to dictate what they're doing with all 24 hours in a day.
That is why I decided very early on in my life that diversifying my income streams is of utmost importance. Having multiple sources of income allows you the security and freedom that comes with knowing your financial stability isn't solely dependent on one source of money. Especially if you're like the majority of Americans who have a full-time job with just one source of income.
Maybe it's time to diversify, especially considering that this is also beneficial for your overall well-being and not just financially speaking! Believe me, the need for multiple sources of income has been growing as the world becomes more connected and we become subject to economic forces that are beyond our control.
It's important not only because it protects you from volatility in any one market but also because, by earning different types of money at various rates, your net worth will grow faster than if all your earnings were coming solely from wages.
And those dreams we talked about in the beginning? They’ll finally be within your reach. If you want to start earning an income on the side and don’t know where to start, reach out to me and I’ll be happy to help you out!