How Multiple Streams of Income Lead to a Flood of Wealth Modest Money26 Comments

The following is a guest post. If interested in submitting a guest post, please read my guest post policy and then contact me.

For most of life, I thought that I would graduate college, get a job and work until 65 years old. I thought that if I played my cards right and was smart with my money, I would be able to retire maybe by 60. But after I graduated from college, I realized that I didn’t want to work at a 9-5 job for 40-plus years of my life. I wanted to be able to do what I wanted and still generate an income.

Single Stream of Income

Many of us have one source of income during our adult lives: our job. If we were to lose our job, the source of our money dries up. Many people refer to this source of income as an income stream. With me being a professionally trained artist, I’ve created what this income stream looks like below.

As you can see, the income from your job is your sole source of income, or the river in the above masterpiece. The problem is that if there is a…

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By : Jeremy Biberdorf | 28 Nov 2013
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Different Types of Insurance For Different Businesses

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The following is a guest post about business insurance. If interested in submitting a guest post, please read my guest post policy and then contact me. Most business owners need to be aware of the various types of insurances that apply to their particular businesses. …

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Considering Using Your 401k to Pay Your Bills?

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The following is a guest post about using your 401k to pay your bills. If interested in submitting a guest post, please read my guest post policy and then contact me. May be Time to Think Again… Picture this scenario…You’re 42 years old. Your company …

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Is Camping Out For Black Friday A Good Investment

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Hey everyone, thanks for joining me for this week’s special holiday edition of Monday Money! As you all probably already know, Thursday is thanksgiving. It’s one of my favorite times of the year. Being that I live so far away from family, it’s a nice …

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Scoremio Review

By : Josh Rodriguez | 22 Nov 2013

Hey everyone, Josh here for another review. We’ve spent the last few months talking about investment platforms, money management apps, and credit cards. Now it’s time to get into something that we all need to think about, credit scores! Let’s face it, your credit score …

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