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Create multiple streams of income to accelerate your journey to financial independence from "summary" of Financial Freedom by Grant Sabatier
One of the most effective ways to speed up your path to financial independence is by diversifying your sources of income. Relying solely on a single job or business can limit your earning potential and increase your vulnerability to unexpected setbacks. By creating multiple streams of income, you can protect yourself against economic downturns, job loss, or industry disruptions. Having multiple income streams allows you to leverage different skills, interests, and opportunities to generate money from various sources. This could include freelance work, rental properties, investments, or side hustles. By diversifying your income streams, you can potentially earn more money and reduce your financial risks. Furthermore, creating multiple streams of inco...
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