Have More Than One Stream Of Income

Personal growth is about building yourself to the best you, you can become. In order to do that you need to have more than one stream of income. A steady job is great, but what if the company decides to close their doors, do layoffs or you just feel that isn't for you anymore. Having more than one stream of income allows you to have a backup plan as well as allowing you to grow.

You don't have to have 10 different projects going on at once. Some people may feel that having a lot of different things going on can take away from their family time and "me" time, but honestly, if you pick a source of income that doesn't require much work you are winning on every aspect.

For example, you have a steady job and you also have a website set-up business. When you have available time you can work with clients to set up their websites. You can do this on your lunch break, late hours, early hours, or when ever you have time. There are no time requirements and you are making at least $500 per website set-up. That extra $500 (this is on the very low end) can be put away to help you save for retirement, pay off your debt, and/or towards vacations and family time your normal job pay doesn't cover.

You can be more creative and start your own company and build it up while working a regular job. This way you are able to establish something your children can run and they will never have to work for someone else. For example, you have your job, but you also own an online store. Now, more than ever people are shopping online. Look at Amazon. They have turned an online shopping dream into a billion dollar company. You can work a regular job and send out orders from your website when you get off work.

Some people are so multi interested they have three or four sources of income. Each bringing in enough money to help them build their empire. If one fails they have two others to focus on and bring in money. The goal is to bring in enough money so that you aren't working for the rest of your life.

In the early 1900's people kept jobs their entire lives. If they started at a steel mill they died at a steel mill. There was no growth, they just knew that was their destiny. Today, it is very different. People leave jobs because of pay, hours, differences in culture, and so many other reason. Now, it is easy to start a business. You can build an entire business in one day. Therefore, there is no reason anyone should complain about having just one stream of income.

If you have more than one stream of income you have more money coming in, you can retire faster, you can build a legacy, and you can do more with your family and friends. Don't think that a second stream of income isn't work, but who better to work for than yourself. You set your own hours, what you do and who you cater to.

Your second stream of income doesn't have to be a job. You can invest in stocks or crypto. These are things people are learning more and more daily. Yes, this is a scary idea to put your money in something you know very little about, but take time to learn about investing if you are interested and put your money to work for you. You can invest in something and become a millionaire over night. This isn't the most likeliest scenario, but it does happen.

Having more than one stream of income allows you to be independent, save faster and build your dreams. Personal growth is about building what you want out of life. It's okay to own your own company, work for someone else's company or invest, but have something else on the side you are doing to bring in money so if any of your main income falls or is terminated you have a back up plan to get you by until you come up with something else.

Overall, having more than one stream of income will secure your financial life. It can be something you do once a month or something you do weekly. No matter how often you do it, as long as it is bringing in income and you enjoy doing it you have a great back up plan. Think about your life and what you can turn into an income driving source. It can be a hobby, interest or just something you are good at like cooking. It can also be something you are already doing and didn't think to charge for it. Have more than one stream of income and build a better future - faster. Grow, live, and change the world. Keep growing and inspiring.