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How Many Streams of Income Should You Have?
(Original Post | 10XBlogger)
There’s a lot to be said about having multiple streams of income. Some believe it’s the most efficient way to build wealth–but I’m not the only one. Researchers have even pinpointed a statistic: Millionaires, on average, have not just one, but seven streams of income.
Now, when you read that, being the critical thinker you are, perhaps a few questions come to mind . . .
First, is seven the magical number of income streams that turns you into a millionaire, or is it that the millionaire knows how important multiple streams of income are, and so begins to “collect” them?
Second, are those seven types of streams, or could those seven streams be in the same category (for example, real estate)?
Finally, do highly-paid professionals really need this many streams of income or should they just keep working hard in their given profession?
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