Build multiple streams of income from "summary" of How to Think Like a Millionaire by Boyce Watkins
To become wealthy, you must think differently than the average person. One key way to think like a millionaire is to build multiple streams of income. This means having more than one source of money flowing into your bank account. Why is this important? Well, imagine if one of your income streams dries up. If you only have one stream, you're in trouble. But if you have several streams, losing one won't hurt you as much.
Diversifying your income sources is like planting different crops in case one fails. You wouldn't rely on just one plant to feed your family, right? So why would you rely on just one paycheck? Millionaires understand the importance of spreading out their income sources. They know that having multiple streams of income can provide security and stability....
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