How to have many sources of income – not just your salary
Every Tom, Dick and Siyabonga say you should create multiples streams of income.
How do you do it?
Is it worth the effort?
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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