From the course: Personal Finance Tips and Tricks

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Create multiple income streams

Create multiple income streams

From the course: Personal Finance Tips and Tricks

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Create multiple income streams

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- One of my favorite sayings is that there are no future facts. Especially when you think about your work. You really don't know what's going to happen in the years to come so it's always a good idea to try and find alternative income streams. Focusing on your paycheck is great and making sure you get paid a fair wage for your work is super important. But if you're trying to maximize your earning potential it's always good to look further than your paycheck. There's three main areas where you can look. Your skills, the things you own, and your liquid assets. First, your knowledge and experience is always worth something. But as a person with finite hours in the day it's hard to exponentially grown income based on your job. But don't let that stop you from exploring side hustles. From teaching, to participating in focus groups, to making things to sell on Etsy. Doing something with your time that can convert to cash is a great way to create multiple income streams. Next, look at the…

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