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How to have many sources of income – not just your salary
Every Tom, Dick and Siyabonga say you should create multiples streams of income.
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How do you do it?
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Is it worth the effort?
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We buy stuff we don’t need to impress people we don’t know – by Mduduzi Luthuli (Luthuli Capital)
Dollar millionaires have, on average, seven different income streams, according to Forbes magazine’s personal finance writer, Robert Farrington.
Common income streams may include your primary salary, a secondary salary, a partner’s salary, investment income, rental income, a “hobby business” or side hustle.
Aubrey Masango asked Mduduzi Luthuli (cofounder of Luthuli Capital) to elaborate.
Listen to the interview in the audio below.
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