FMOOD 0091: Building Multiple Streams of Income - a podcast by Tom Merlino | Tom is inviting you to follow him on his journey to get out of debt and get into prosperity.
from 2017-03-17T06:00
Multiple streams of income isn't a concept that's limited to high-end investors like Warren Buffett. Perhaps you won't be running the next Berkshire Hathaway, but you will be able to increase what you're earning over time by learning how to implement multiple streams of income into a diverse earnings plan of your own.
It's important to build multiple streams of income. In doing so, you will set yourself up for being able to get out of debt faster as well as building more wealth over time as you shift your focus to getting into prosperity. You can start small; some folks make crafts on Etsy.com. People enjoy selling items on eBay.com and Amazon.com. Other folks provide services on Fiverr.com or drive people around town using Uber or Lyft. Once you become comfortable with the process of introducing multiple streams of income into your available resources, you can move on to larger streams of income, such as real estate investing.
The obvious benefit is that you no longer need to rely on just one method of income. You'll have more resources available to you and at your disposal to get out of of debt and get into prosperity.
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Further podcasts by Tom Merlino | Tom is inviting you to follow him on his journey to get out of debt and get into prosperity.