Develop multiple streams of income for financial security from "summary" of The 21 Success Secrets of Self-Made Millionaires by Brian Tracy
One of the key strategies for achieving financial security is to create multiple streams of income. This means not relying solely on one source of income, but diversifying your earnings so that you have multiple sources of cash flow coming in. By doing this, you are able to protect yourself against economic downturns or unexpected financial setbacks that may arise. Having multiple streams of income also allows you to take advantage of different opportunities in the market. For example, if one source of income is not performing well, you can rely on your other streams to keep you financially stable. This flexibility and adaptability are crucial for long-term f...
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