Hear podcast episode 23:
The Need for Multiple Income Streams
In this podcast I break down why you need income coming in from multiple streams and a breakdown of how the average joe can do so!
Tag Archives: income
Watch “How to get rich slow” on YouTube
23 Jul
Small scale wealth building steps.
Start somewhere. Numismatics are pricey but worth it if you buy right.
These are just junk silver and antique coins with some decent value.
I bought a little above where I probably should have but I am betting against the market, aka hedging it when I buy coins like these.
The bottom line is you need to make moves.
Small or large, just make it happen.
Stocks, crypto, coins, real estate, collectibles, pick your poison and get going.
This Is What It Feels Like When A Robot Takes Your Job | Fast Company | Business + Innovation
21 MarThe lesson here folks is quite simply this:
Never Reply on one skill set or stream of income.
If you are a journalist, a lawyer, a driver, or delivery man- you are quickly being phased out. Doctors, your day is coming as well. Machines and algorithms are filling the void between excessive human cost and 0 cost, at least from the business perspective.
Now not every company feels this way, but look around you folks. Even local branch banking is being phased out.
Regardless of your dream job, or life mission- I urge you all to find at least one more method to bring in some money.
Should you prefer to invest in Forex, so be it.
Kidding.
Unless you will work it like a job.
When you have 2-10 sources of income you will breathe easier, have more money, and you can get that pool house like Uncle Phil to kick Will too. 🙂
Live Brolic!
Almost half of U.S. jobs may one day be automated. For some employees who worked at a free on-demand concierge, that day came last month.
Source: This Is What It Feels Like When A Robot Takes Your Job | Fast Company | Business + Innovation
Freedom Is
18 Jan
Nuff said.
Stop working for. 49-52% of your wages, and most likely despising it.
Now that’s the definition of insanity if I ever heard it.
Figure out what you love, and Monetize it.
There is always a way if you are willing to go hard and never quit.
Immediate decisive action on this path will lead to fulfillment, and income. 😉
Live Brolic!
Personal Finance
8 Dec“The first rule of personal finance is that it’s not personal and it’s not financial. It’s about your ability to make ten changes and not get too depressed over it.”
James Altucher
Master One Income Stream
21 NovNow everyone says you need multiple income streams.
And in most cases they are right.
Warren Buffet says you need multiple income streams.
He is arguably one of the greatest investors of all time, if not the number one.
However, today I have a different strategy for you.
Master One Income Stream.
Period.
A lot of newbies want to build a business with 4-6 methods of income.
But, if you could master one sector, let’s say life insurance, and build it up to a 6 or 7 figure business – wouldn’t that be Uber sensible?
Focus can be an amazing tool.
If you simply apply all of your efforts, passion, and focus to mastering one income stream it is quite possible you will have recurring revenue.
Now after that, move on to the next step.
Rinse and repeat.
How can You do this repeatedly you ask?
Let’s chat for details.
Tony@changeinadvance.com
Live Brolic!
A Penny for these Thoughts
9 NovWords of Wisdom
“A penny saved is a penny earned.”
Benjamin Franklin
“Our goal is to make finance the servant, not the master, of the real economy.”
Alistair Darling
“A simple fact that is hard to learn is that the time to save money is when you have some.”
Joe Moore
Quick Tip: Diversify
8 FebNever put all your eggs in one basket.
Diversify.
There is nothing wrong with having a job- but if your job, your retirement and your investment strategy(s) are all tied up in one you are looking for trouble.
If that one source collapses your are doomed.
Look for ways to diversify.
See where you can make a second stream of income.
Then invest that money elsewhere.
As sweet and lucrative as many ideas sound- if they are tied into your day job you may lose it all.
Who will watch over your money better than you will?
No one.
So walk away from that television.
Turn off youtube.
Facebook, that’s for your grandparents.
Look for money and opportunities because while they are plentiful-
They don’t come looking for you.
Infographic: Mobile Commerce has completely exploded in 2013
5 Dec
#thriveorsurvive.
No one goes to the Olympics for silver.
Thoughts? Concerns?
Questions? Think I’m wrong?
Let’s chat.
Need ideas?
Want to learn how to invite?
Let’s chat.
Want a mentor or maybe the guy who will bounce ideas back and forth with you?
Let’s chat-
Tony@Changeinadvance.com
@changeinadvance
http://www.changeinadvance.com
Or simply reply to this article.
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