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How to have many sources of income – not just your salary

22 October 2020 2:57 PM

From side hustles to investment income; Mduduzi Luthuli (Luthuli Capital) on creating multiple streams of income.

Every Tom, Dick and Siyabonga say you should create multiples streams of income.

  • How do you do it?

  • Is it worth the effort?

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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.




22 October 2020 2:57 PM

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