Tag: multiple streams of income
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Your Ultimate Financial Makeover
Are you growing richer each month that passes by, or are you treading water in one spot? Maybe it is time you go in for a financial makeover. It is easy to feel trapped if your finances seem to be heading nowhere as the years go by. When you are so used to being always…
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Is Your Salary a Seed or the Fruit?
Your mindset towards your salary income determines what you do with it when it comes into your hands. If you think it is a seed, you will save and invest it for increased returns. If you think it is the fruit of your labor, you will consume it without sparing a thought for tomorrow. There…
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Baby Steps to Multiple Streams of Income
Attempting to create multiple streams of income when all you are used to is one income source can be a scary proposition. It is tempting to attempt a big leap and get something meaningful, compared to your current salary. That is a common mistake. You need to start with baby steps, doing what you know…
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Get Out of Jail Free
Although this title is inspired by the game of Monopoly, this post is not about Monopoly, although Monopoly as a game is a true reflection of real life. If you can play Monopoly in real life, then you are on your way to becoming rich – buy an investment property (green houses) in choice locations,…
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Multiple Streams of Income
Most workers don’t have multiple streams of income. The salary is the only source of income. Their life revolves around their job. If the salary gets delayed for whatever reason by a few days, their finances are in crisis mode, and at the risk of a financial meltdown. They live pay cheque to pay cheque.…