Do not rely solely on a paycheck from "summary" of Summary of Rich Dad Poor Dad by Readtrepreneur Publishing
Relying solely on a paycheck is one of the biggest mistakes people make when it comes to managing their finances. A paycheck is a fixed amount of money that you receive on a regular basis, usually monthly or bi-weekly. However, if you depend only on that paycheck to cover all your expenses and save for the future, you are putting yourself at risk. We live in an uncertain world where economic conditions can change rapidly. Jobs are not guaranteed, and companies can downsize or go out of business. If you lose your job, how will you pay your bills? How will you support yourself and your family? This is why it is crucial to have multiple streams of income. Having multiple streams of income means that you have more than one source of money coming in. This could be from a side busines...
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