Fiona Smith @The_MMW
The Millennial Money Woman | Helping 1M+ become financially free by 2030 | Former wealth advisor turned writer themillennialmoneywoman.com Join 30k+ readers: Joined May 2020-
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Never rely on one income stream. Create multiple income streams: • Invest in stocks • Invest in alternatives • Invest in a side hustle • Invest in your network • Invest in your education Diversify your income streams.
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Fiona Smith retweeted
If you only have 1 income stream, you'll never be truly wealthy. Here are 7 income streams you can start building today:
Working a 9-5 is not bad. Allowing your 9-5 to be your only income stream is.
7 habits that will make you rich: 1. Reading 2. Investing often 3. Paying off bad debt 4. Buying appreciating assets 5. Spending less than you earn 6. Tracking your income & expenses 7. Taking advantage of the tax system To get rich, start building rich habits.
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@The_MMW Having one stream of income is just too risky
@The_MMW Cut costs. Live below your means. Watch out for lifestyle creep.
@The_MMW Step 1: Conserve your money Step 2: Increase your money Step 3: Repeat
@The_MMW Building multiple income streams is key. Remember, some take more time than others to build momentum. Focus on what works for your timeline and goals.
@The_MMW Once you automate your income streams that's where real wealth is built because you have your time back
@The_MMW You have to have multiple streams of income to be actually wealthy.
@The_MMW Diversifying income is like planting a garden of money trees. Time to get our green thumbs ready!
@The_MMW One income stream is a job. Multiple income streams is a business. The key to wealth is scaling businesses, not trading time for dollars.
@The_MMW The average millionaire has 7 streams of income.
@The_MMW In todays world there are too many options for side hustles. Thanks for sharing your list.
@The_MMW Wealth isn't built from one source. It's a symphony of income streams working together in perfect harmony. Master the orchestra. Riffs that pay.
@The_MMW Diversifying your income streams is key to financial success.
@The_MMW Building additional income streams will help secure your future and exponentially increase your wealth
@The_MMW There’s a lot of money to be made if you can stay consistent
@The_MMW Yes, one income stream is only the beginning! The more you have, the richer you’ll become.
@The_MMW There's so many options now to start a side hustle on-line.
@The_MMW All my dividend income is reinvested😎
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