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Why do we need multiple sources of income


  It is a normal thing to feel like having multiple sources of income. Because you can't compare someone earning in multiple ways with one who earn with just one source of income.

  In this article I will list you the advantages you will get when you have multiple sources of income.

  1. Makes you never go broke 
It is not easy for someone with multiple sources of income to go broke, because if one didn't work the other must surely work. I have seen many people with multiple sources of income and I studied that they never complain of being broke like those that have just one source of income.

  2. You will have more peace 
Imagine having a multiple sources of income. You peace will depend on your own choice, because you will have more employees. Even some of your employees will be nice to help you in other work apart from what you employed them for.

 3. More opportunities to save
When you have multiple sources of income, you earn more and have the ability to save money even after settling of all expenses.

4. You can use one for an expense
Do you know you can use one from your source of income for an expense. For example. You have 5 sources of income, you can decide to use one for your children needs, you can also use another one for family expenses etc.


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