Some people call passive income money you make in your sleep. And it takes them years to recover. 3 If the clouds are full, they will pour out rain upon the earth; whether a tree falls to the south or to the north, in the place where it falls, there it will lie.… You can create your own success. Most millionaire won't have all of these 7 income streams - … Our long-term goal is to have our day-to-day income split equally among streams 1-3. Let Multiple Streams Fund Your Dreams. Instead of being stuck at an unfulfilling job for 40 hours per week, and then commuting for another 10 hours, financial independence helps you gain more control over time . Michelle Norris “If you still have a job, stay the course while also incorporating additional income streams for diversification. There are plenty of ways to make money. How to Build Different Streams of Income. – Robert G Allen (Click to Tweet This) “Don’t let the opinions of the average man … 29 percent had five or more streams of income; Having multiple income streams makes a lot of sense. We consider stream 4, interest income, as more of an offshoot of our real estate activity since we typically lend to colleagues from that network. Cast Your Bread upon the Waters 1 Cast your bread upon the waters, for after many days you will find it again. Passive Income. You don’t have to spend your time enviously wallowing in the fabulous lives of people on social media. When one stream is negatively affected, for whatever reason, the other streams … 2 Divide your portion among seven, or even eight, for you do not know what disaster may befall the land. Active vs. These are the seven sources of income and millionaires usually earn from multiple such income streams. Everything in life becomes optional once multiple passive income streams cover your expenses. Building multiple streams of income helps provide you and your family more security and financial stability. 5 Ways To Create Multiple Streams Of Income | Stephanie Burns. Simply put, more income streams equals more security. With multiple streams of income, you could end up receiving a lot of 1099-MISC income statements and other types of income forms in the mail at the end of the year. However, the kind you want is passive income. Multiple Streams of Income Quotes. That, in turn, means you don’t have to just take the first job offered to you out of desperation. Having multiple streams of income before you become unemployed takes much of the sting away from losing your primary income source. Ordinary people are much more vulnerable. And it starts by adding more streams of income to fund your dreams. If they lose one of their [money] streams, it wipes them out. By having multiple streams and multiple sources for each stream, we are not reliant on just one way of getting income. 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