This is what 65% of Millionaires ALL have in common...
This is what 65% of Millionaires ALL have in common...
An article published by BusinessInsider found that 65% of self made millionaires have 3 sources of income, 45% have 4 sources, and 29% have 5 or more sources of income. That’s a far difference from the person who’s pulling in their entire paycheck from a single job, and this small difference could end up making you a lot of money over your career if you use it to your advantage. Feel free to add me on Snapchat / Instagram: GPStephan
It really comes down to creating value with your time and doing things that lead you to what you want to achieve.
It usually begins like this:
- Main job - this is your priority
- Investments - the things you place your money in
- Side job - what else you can do with your time
Doing this spreads out your risk. You don’t have 100% of your money coming in from one source. If something happens to your main job, you’re out. This allows you something to fall back on. It also allows you to focus on passive sources of income, or income that doesn’t require 100% of your attention, which is money you can make in addition to your main job. If you ever want to scale back or have more free time, this is easier to achieve. It also allows you to better leverage your time.