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May 30 • 💰 Financial
Why multiple streams of income? ☀️
One of the most common patterns researchers and financial experts see among people who build long term wealth is this:
They build multiple streams of income over time.
A paycheck.
Investments.
Business ownership.
Affiliate income.
Digital products.
Communities.
Independent contractor work.
Real estate.
Skills that can be monetized in different ways.
One stream often helps support and grow the next.
What has been interesting for me personally is realizing that this does not mean building everything all at once.
During my las 12 Week Year, I focused on two main streams.
This summer, I am intentionally simplifying and focusing on one.
Even within one stream, there are many systems that need to be put in place.
Multiple streams are usually built slowly, intentionally, and layer by layer over time.
What stream of income are you intentionally building or focusing on right now? ☀️
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Why multiple streams of income? ☀️
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